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College and University Discussion
Reply to "Cashing out home equity to pay for college"
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[quote=Anonymous]OP here. PP asked about any college savings. I have $18k put away in DC college savings plan. PP asked about retirement savings. I am over 40 and have $50k put away. I will not borrow against this. PP wondered about maturity issue due to low gpa. I am not concerned wether DD has the drive to apply herself to college work. Her high-school is considered a grind and it was. I expect DD is ready to take on college work. She is not a people pleaser and is pretty tough. Does not intimidate easily. I think she will be fine advocating for herself in school. Her SAT was 1440, I think that is what has gotten her admitted and her gpa has barred merit aid. Maybe? A PP mentioned that for a driven person a gap year may not make sense. I think DD is the “driven” type (unlike everyone else in my family and personal circles, we have been content managing used book stores or always being in a office support role ... DD does not give off those vibes). To PPs who felt some kind of way about my comment about her graduating to get a $40k job, I understand how dismissive and narrow that comment was. I do not scoff at working ones way up at all.... in fact I am quite familiar with getting a foothold and showing my superiors that they need me. And progressing on their timeline. I don’t think I will view my DDs twists or turns on her journey as failures. I live in a very glass house. As a DC resident we don’t have a state flagship but we do have DC tuition assistance grant which can give $10k towards a state school elsewhere. She does want to go into computer science but I do not think cyber security was considered much yet. I will call the schools for information on why full need was not met. I will look into FAFSA rules. We will continue to look for other ways to pay for school. Thank you DC Mum for the input![/quote]
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