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Reply to "Would you pay your kids tuition?"
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[quote=Anonymous]Tuition is so overwhelmingly expensive. I think it can become impossible for new graduates to get out from under the loans. Also - their financial aid might be affected by your income. Why not pay it but make them pay something manageable - like $5,000 per year? They can pay you back when they graduate or have them take out a loan for that amount. It's a lot of money to them. I have to say that I wouldn't make my child pay for undergrad at all but I'd make him work over the summer at something useful to his career later on. I feel like I can afford it (not easily but I will manage) and I really WANT to provide that for him. I went to a little Ivy that I wouldn't have been able to afford on my own. I'm so grateful to my parents. What are you going to do with all of your money? Isn't this what it's supposed to be for?[/quote]
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