Reply to For full-pay families: how much do you ask your DC to pay for?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We're financially equipped to pay for all expenses but want our kid to have a little skin in the game for college, like allocating some portion of her summer earnings to contribute to college expenses. Anyone have an approach they like? Set a lump sum amount? DC pays for books or monthly allowance at college out of summer earnings? She is also planning to get an on-campus job at school. TIA[/quote]

I don't get this 'skin in the game' thing. The kids have plenty of skin in the game in college - their entire futures.[/quote]

+1.
They already have plenty of skin in the game. 
Also, they didn’t ask to be born and they didn’t ask for the world we live in where college is so important. So we pay for all direct costs. DC earns extra spending money during the summers. 
My dad believed in the “skin in the game” thing and had me take out loans. It did not help my motivation and direction much, it just made me more terrified of not being able to pay off the loans, or taking out more loans for grad school. [/quote]

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