Reply to Is there any empirical evidence on whether kids who must pay part of own college costs do better?

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[quote=Anonymous][quote=Anonymous]Curious... I've always assumed I should pay fully for my kids' college costs if I possibly can, given how crippling student debt can be and so on. But I've seen many people argue that kids won't appreciate the "value" of college-- and thus won't work hard or take classes seriously -- with no "skin in the game." Intuitively, that makes sense, and it makes me wonder if after all I shouldn't plan to fund, say, just 75% of my kids college costs or something like that, and tell them the rest is on them.

But-- intuitively sensible as the claim is, do we know if it is true? Is anyone aware of any research on this?

thanks![/quote]

It really depends on the kid.  Some need that incentive to be connected, but most 18 year olds I know don't have a sense of what they are signing when they take on the loans.  I would think a parent would get more traction if they had a certain % of earnings the child had to put into the college pot.  Then they see it in every pay check and they feel the effects of it in every paycheck.  I also think making a child pay for his/her own personal expenses is good and can start in HS.

Some will party no matter what.  Some will have other incentives (good grades for better graduate programs or a future better job).  I know when I went to college, the students I knew ran the gamut- but most took their studying seriously, perhaps not as seriously as their parents wanted, but enough to be able to graduate with decent grades and eventually figure out life as an adult.

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