Reply to S/O What is our obligation as parents regarding college $$$?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]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. [/quote]

It was not my intention, but this post has become about how people judge my own personal sense of obligation.  I was hoping to get others to tell me their thoughts and offered my own to "get it going."

To that end, do I understand that you intend to pay full cost of *any* undergrad?  How about grad school?  Does it make any difference what your income is and has been?[/quote]

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? [/quote]

We make less than OP.  I see my obligation as paying for, at a minimum, four years of in-state tuition or the equivalent.  We are trying to save enough to be able to either pay for out of state or private, or else roll some over for graduate school, if that's on the table.  I don't feel an obligation to pay for graduate school, and I'm not opposed to them taking out some nominal amount of loans, but I don't want them to take out so much in loans that it limits their choices or burdens them unduly.  Obviously it matters what our income is; you can't give what you don't have.  And I wouldn't feel obligated to impoverish myself to pay full freight at a private or something.  But education is important to us, and I want to make sure that it's possible for them to get a college degree.  [/quote]

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