Reply to Just Curious: Post if you have a Masters, Law or MD and your parents did not pay for college

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Reply to "Just Curious: Post if you have a Masters, Law or MD and your parents did not pay for college "

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]parents made close to a million in 1980's and 1990's.  They paid for my private undergrad (and two siblings), supported us with tuition and living expenses after college while we were 'finding ourselves in phD and Masters programs, and when we finally went to grad school(two siblings private, one public), paid for living expenses and made sure we got no private loans, but made us get the gov't loans for grad school.  My wife's dad made more than 1 million a year---paid for her and her siblings undergrad and grad schools.

My parents have already told us that we won't get much of an inheritance, 500k each, only after their deaths---the rest is to be donated to various charities.  Their thoughts were that they supported us during our formative (and past formative) years, so the rest of the money is for those that were less fortunate.

I don't make as much money as my parents did, but am planning on paying everything for my 3 kids as well.  DD stars Sidwell this fall.  I've already started the sleepless nights.[/quote]

Thank you for being honest. Now can you answer another question:

If you were at a Sidwell function and you met a fellow parent who was say, a DCPS teacher, but you could gather that from meeting THEIR parents, that the GP's were very well off( perhaps they fly in from Europe for GP's weekend) . Would you assume these GP's must be helping with tuition, and how much of that assumption would be based on your own personal life experience ?

I ask in relation to another thread where it's been stated that "everyone just knew that the GP's were paying the tuition" I'm trying to understand where such assumptions come from.[/quote]

I'm not that pp, but I would definitely assume that.  I'm a Sidwell grad, dad probably made mid-100's in the 90's, mom stayed home.  Grandparents paid, as did MANY of my friends' grandparents.  We are doing public but if we did private my mom (who inherited the money from her wealthy now-deceased parents) would have paid.  [/quote]

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