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Money and Finances
Reply to "Parents of little kids: What are your college savings goals?"
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[quote=Anonymous]I really appreciate what my parents did. They showed me the bank statements and said that I had $XXk to spend on college. It would almost cover 4 years of instate at the time. I desperately wanted to go to school on the opposite coast, and they never discouraged it. When acceptances rolled in with associated financial aid (or lack thereof), they helped me look at the costs and figure out what loans would be to make up the difference. I ended up going out of state and graduating in 2.5 years to stay under budget. My sister chose to go to a smaller school that offered generous merit aid, and use the money for grade school. Neither of us took it any less seriously because we weren't paying for it. If anything, it made us feel more responsible as we were making BIG DECISIONS on our own, rather than mom and dad narrowing our options for us.[/quote]
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