Reply to S/O What is our obligation as parents regarding college $$$?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]With your income you are being stingy. You could absolutely afford private. Or the delta of private minus some merit. We are full pay for undergrad and happy to do it as we do indeed see it as our obligation. [/quote]

It was not my intention, but this post has become about how people judge my own personal sense of obligation.  I was hoping to get others to tell me their thoughts and offered my own to "get it going."

To that end, do I understand that you intend to pay full cost of *any* undergrad?  How about grad school?  Does it make any difference what your income is and has been?[/quote]

1) grad school, kid can get loans no matter how much you make. 2) of course it makes a difference what your income is. It's a parent's high income that makes aid unavailable. [/quote]

PP, income matters for grad school if the student is claimed on a tax return as a dependent. If not, then no. Applies to parents or spouses. Federal loans are not available above a certain asset/income level.[/quote]

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