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Reply to "S/O What is our obligation as parents regarding college $$$?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I find it interesting how many people are so sure that private colleges are better than public. Some are, but many are not. I’m not really interested in paying $50k plus for a middle of the road private college vs an equally ranked public university. My spouse and I both went to a huge flagship and it definitely hasn’t hurt our job prospects or income level. As such, I don’t think we need to pay for whatever schools our kids want no matter the price, even though we could afford it. [/quote] To be fair no one has said that. I think the parent has every right to insist the kid go to the cheaper school if it’s similarly ranked. [/quote] +2[/quote] There were a few in there: "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." "I think it's effed up that YOU choose for your child to take great schools off the table on behalf of your child because YOU choose not to pay. Your kid has no agency here because they can't even choose debt." "At $450K income, there is zero question I would pay for most colleges and graduate schools. At our income which is less than half, more than likely we would too as our goal is to get our house paid off before kids go to high school and then save (we have state college and graduate school saved). I just don't get it. If you can afford it, why wouldn't you? How do you think it looks to your kids to be living very comfortably and then only paying for the absolute minimum for school. What values are you teaching them? Things over education? Things over people?" "So, what is your point? You are really selfish not to "choose" to pay for college and I would question you as a parent with that income forcing you kids to take loans or not go to college if they cannot get loans. Why would you want that for your kids? Why wouldn't you set them up with a good education debt free and teach them good values and model how to be good parents?" (in response to OP saying some schools might be off the table Of course, it could be the same poster more than once. [/quote]
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