Reply to Paying for a second or third tier college

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You are going to need to treat the kids the same. One of them got private tuition, the other should get it as well. That doesn't mean you don't have a conversation with them about finances and why you prefer they choose public. But I think you have to be fair.

I like the idea of offering pub school + giving them 200k at the end of it. But you didn't offer that to kid #1, so I'd take that off the table. Be fair. [/quote]

+ 1 Just spend a minute imagining the conversation you are going to have to have with your younger child.  Can you explain your rationale without making them believe that you think their older sibling is smarter, better and more deserving than they are?   [/quote]

But OP does believe that way, and both kids know it. It is obvious for everyone, so why pretend it is not. This notion of fairness does not mean that OP should pay equally for each child regardless of talent. If one kid has less/no academic talent than it would make sense (and is fair) to spend on college investment that would be commensurate with the ROI. If the second child showed talent in different fields outside of academia, e.g. culinary chef, than it would be great (and fair) for the parent to bankroll this endeavor instead of overpaying for a second/third tier college. I am sure the first child will not complaint that they was not offered tuition to go to culinary chef academy (which they have no interest in).[/quote]

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