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Reply to "Do you agree or disagree with this: Parents should pay for undergrad tuition"
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[quote=Anonymous][quote=Anonymous]My parents couldn't afford to pay my tuition for college. My dad did pay my rent and covered the cost of books, which were a good $800 at least a semester. Rent was $380 a month for my share of our apartment's rent. (Three roommates.) The deal was, he would cover that if I got a part time job to cover miscellaneous expenses (in other words, alcohol). The thing is, I'm from Georgia, where they have the HOPE scholarship, and when I entered college, if you had a 3.0 GPA, the state would pay for your tuition, and would continue to pay it for 4 years as long as you maintained a 3.0. Really, it was a great deal. I lost HOPE 2 years in (partied too much; after being on Dean's List my first 2 years, I dropped to a 2.97 and lost HOPE by 3/10ths of a GPA point, like an idiot) and the agreement after that was, I would take out student loans. I felt and still feel that was fair. I blew a free ride, so I had to pay. I took out student loans totaling about $18,000 for the remainder of my time in college, and started paying those back after graduating. It's not the end of the world. DH and I will probably do something similar for our kids when they go to college, but am I going to kill myself to make sure I have $250,000 saved up by the time they're 17 so they can graduate debt free? Nope. I don't think contributing to your own college education is a bad thing at all. [/quote] But you were lucky enough to be in Georgia (where the state sees the value of graduating students with no debt, which you clearly do not. And BTW you still blew it and had to take out loans). What if your kids have to pay off student loans for the rest of their lives and graduate with 4.0, and you chose to take vacations instead of putting them through school. Pretty selfish in my opinion.[/quote]
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