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College and University Discussion
Reply to "How much did your parents help you?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My parents paid app fees, SAT testing, took to visit schools for me and my two sisters. I picked the schools and applied for the most part on my own. I don’t remember the essays to be completely honest, I’m not sure if they read them or not. I got a full ride, so it didn’t cost them anything... which they were thankful for because my sister was in college at the same time. They gave me $100/month spending money (this was in the late 80s). I have done the same for my kids... I have read some essays and some I haven’t... I encouraged my kids to apply to multiple schools, but both had a first choice that they applied ED and got in and so they only applied to 1 school each. My daughter was full tuition scholarship and got other smaller scholarships, I paid for her travel back and forth to school (about 700 miles away) and she had a PT job for spending $ and was an RA which covered room & board. 4 years at a small liberal arts college and she took out about $10k in loans total which I paid off as her graduation gift in 2017. My son (HS Senior) has a partial scholarship so far and is working on others. I will pay for him to get back and forth and expect him to get a job for spending $. Whatever he ends up taking out in loans I will likely pay off at graduation as long as it isn’t over 50k. I have one more bringing up the rear and I have him on the same path.[/quote] If you have the money why would you have your kids take out loans? I don't get parents like you?[/quote] I don't completely disagree with PP. It's to motivate them to graduate. I know sooooo many kids whose parents not only paid upfront, but also gave them plenty of spending money, only to have them fail out. Wasted money. If they think they're paying for it, they're more motived to finish. If they don't finish, they actually do pay for it. They finish, you pay it off. -Signed someone in their 40's STILL paying off student loans who received zero parental assistance and went to a large state university. [/quote] That is absurd to say that. Most of us whose parents fully paid graduated and are doing well and doing the same for our kids. I cannot imagine the ability to save and pay for it and NOT help our kids through school. I think it hinders the ability to graduate if you have to work 1-2 jobs just to survive through school. I had to work 24 horus a week internship and take six classes and no way I could have worked on top of that but had friends who did.[/quote] +2. My kid's first priority is grades and maximizing college opportunities. You can pay for college and simultaneously have expectations for grades, etc. Or just have a kid who is smart and motivated on his/her own. I can't imagine not giving DC a leg up with re: to college tuition. [/quote]
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