Reply to Is anyone not saving to pay for all of their kids' college?

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[quote=Anonymous][quote=Anonymous]My parents didn’t pay for my college and I turned out fine. It would have been a huge help though if they were able - they just weren’t. We are saving what we can for their education (have a 1 month old and plan to have 1 or 2 more) - about $300 a month now and probably not much more until we are done with daycare. I’m hoping education is more affordable in the future, but if not, it’s a good start and they always have an option to take out loans, get scholarships, etc. Just do what you can - the vast majority of Americans can’t save to send their kids to college self-paid. It’s far more important to teach them to be self-sufficient, emotionally intelligent, and hardworking people. They may even want to study a trade or start their own business which doesn’t require a full degree or even study abroad (I went to graduate school in Europe). Don’t listen to DCUM parents that shame you for not fully funding your kids - they are delusional and their kids will most likely having a hard time adapting to life without their overbearing/unhappy parents. [/quote]
In the 1980s/90s it was feasible for a kid to pay for college themselves, if working summers/breaks and PT during the school year.  Or at least do it with minimal loans.  Now college is at least $25K/year and kids might earn $9/hr.  So not quite as feasible---kid will still need parents to contribute $5-7K/year.  [/quote]

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