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Adult Children
Reply to "college children and money"
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[quote=Anonymous]What about ‘splitting the difference’ and giving child #2 the cash difference between the USC tuition and UCLA. So if USC is 90k and UCLA is 50k, give the child 40k times 4 years. Child one spent their lot on a more expensive school. You can split the remainder of the money down the middle after paying child #2 the difference in school tuition. Win-win for both children. IMO, if a scholarship is earned in a sport, that is like having a full time job plus going to college as a full time student. If OP is in dire need of the money, tell child #2 you are keeping the money and why. If not in dire need, come to a solution everyone can be happy with. Investing the money to grow it isn’t a bad idea.[/quote]
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