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Parenting -- Special Concerns
Reply to "Divorce and college costs"
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[quote=Anonymous][quote=Anonymous]My ex is living in a dreamland where our child will magically be accepted by a T20 and get a full ride. He is presently unwilling to pay more than 12k per year. But he also has pretty high expectations about where DC will attend and we both agree that avoiding loans is a priority. Reality is that even at schools that don’t ask for noncustodial parent CSS, with my income we are looking somewhere between 30-40k, possibly 45k for incredible school, per year for a decent school that will accept DC, be a good fit for him, and that he will be excited about attending. We have similar incomes. I own a SFH but have roommates that keep expenses pretty low and ex knows this and uses this as a reason I should pay more. Ex also has very low housing costs and will quite likely have zero housing costs during college years due to his job, but still thinks 12k will do the job. If ex is only willing to spend 12k, and I pay 18k+ to bridge the gap, I feel taken advantage of. I feel I have already done more than my share since the kids live with me FT and I cover more than half of their expenses. We do have a small 529 that will cover a few thousand each year. Should I just tell DC that 24k per year is his limit for college? It will decrease his choices significantly and I don’t think he’d be happy with any of them. He does want a school that offers a specific program not offered by every school. Or, has anyone had luck getting their ex to agree to a higher amount? I am certain he can afford it and considering legal action. Our divorce agreement did not get into specifics. [/quote] All of f this should have been in your divorce settlement. Too late now [/quote]
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