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Reply to "S/O What is our obligation as parents regarding college $$$?"
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[quote=Anonymous]We are slightly below you in terms of HHI at ~350k. I feel that my obligation to my children is to pay for undergraduate tuition at the school of their choosing, plus basic room and board (i.e. residence and meal plan in first year, equivalent cost if they want to live with roommates after first year, cell phone, textbooks, flights home for holidays). I expect them to maintain overall decent to good grades, to work during the summer and budget that money for shopping, hobbies, travel, etc during the year, i.e. no fun/spending money from us. Other costs we'll take on a case-by-case basis and would expect DCs to contribute. [/quote]
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