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College and University Discussion
Reply to "I can't afford to pay for my son's graduate school. He is in high school, BTW."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This sounds like your ex being a total dick. You need to lay this our to your son 100%. Explain all the finances and explain what his dad is doing and what retirement savings and planning is all about. Your son will see right through his dad. Worst case scenario, you continue paying your 45% of the college bill junior and senior year and your son has to take out an additional 70k in loans. He should know all of this NOW so that he can make an educated decision about which college to attend knowing that Dickhead Dad is playing money games with mom. Maybe there is a cheaper state school he could attend, thus lowering his potential loan amount if Dickhead Dad won't pay junior and senior year. [/quote] How is the ex being a dick? He is required to pay child support till age 21. Nothing more is obligated. Mom and child are choosing a $70,000 a year school that neither child can afford. Mom is not saying if Dad can afford it given they have about equal incomes from her cost share amount. Maybe he remarried and has more kids. Maybe he lost everything in the divorce and between child support and his living expenses he has nothing left each month. Child needs to go to a $30,000 a year school and then mom has enough to pay for it for 4 years. Then, he can go to a state graduate school and split it three ways with child and each parent. He should not be required to pay child support and college at the same time. One or the other.[/quote] ??? I don't understand your logic. If kid lives with mom majority of the time, and I'm assuming he does, she's taking care of the bulk of his living expenses to begin with. Both parents have an obligation to support their child, and if it's agreed that parents will pay for college then they must both pay. Sorry your divorce lawyer sucked.[/quote]
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