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College and University Discussion
Reply to "Paying for law/med school"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Law/med/any grad school/Phd/MBA We will pay for all. Not super rich but we have lived a frugal lifestyle to give leg-up to our kids. Education is on us. [/quote] Well, good for you and it's your money but it's also stupid. You can give your kids a "leg up" in plenty of other ways. You don't have to pay for every cent of a decades long education to do it.[/quote] No, it is not stupid at all. Especially, if you have raised great kids and given them many "leg ups". It is a waste only if you have raised substandard kids or have created a poor dysfunctional family life for them. Don't have children if you will give them a bad life. We have given many leg ups to our children - starting from a functional, intact and happy family life, highly educated parents, loving and supportive extended family, extensive and close-knit social network, emphasis on education, healthy lifestyle, adulting skills, trilingual education, exposure to multiple cultures and travel, no abuse/addiction/adultry in family, treating all kids equally, having only two children. So, selfish parents are quick to have sex and create children but are reluctant to pay for education? Use a condom if you cannot support your children to get the an education for a good career. K-12 is free education in public schools, so there is zero reasons for parents to not pay for undergrad, grad and post grad education. What else have they paid for their kids? Basic needs are fulfilled by every parent. That is not the end all. [/quote] Agree. Yep will pay if they don't other wise have scholarship. It's my right and duty as a parent. Stupid would be NOT paying for this if you can afford it. What am I going to do with the extra money anyway and what better use for it than my kid's education so they can graduate debt free. Why pay interest to a lender if we as a family don't have to. Would rather keep that interest and build family wealth. Also so what if kid only wants to go to law school because that's how they can get gainful employment. That is as good a reason as any to go and regardless of reason, I as a parent would pay. To a different PP - med school is NOT a "rich person profession" where most kids are paying cash. That's just a lie. I can't understand the families who can affort to pay but don't. Seems rather illogical and a poor financial decision.[/quote]
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