Reply to How much college debt does your kid anticipate?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My Mom has three rules on college. 
[b]1) she is not paying for it
2) she would not allow any child to take out a student loan. 
3) go to any college you want as long as you follow rules 1 and 2. [/b]

Flash forward 32 years with my kids I am struggling with all the other High School kids have PHDs so they are going to top schools with spending money.

It seems today every HS senior and Kid in college has a PHD so when you make kids pay on their own or take loans they make your kids seem like a failure and the kids make sure to guilt the parents.

PHD in kid language is Poppa Has Dough. If you got a PHD no worries.

DC area is full of Poppa Have Dough kids   [/quote]

In 2018, that is not possible unless your child gets a free ride including room and board (the latter assuming s/he lives at school).[/quote]

+1. I think this is a common mistake parents make. "I paid for my own schooling" doesn't work any more when even state schools are pushing 25k per year and above. [/quote]

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