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College and University Discussion
Reply to "Make our kids take loans and pay them at the end as surprise, good idea?"
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[quote=Anonymous][quote=Anonymous]My parents did a version of this but a normal version that wasn’t weird and sneaky. I decided to go to grad school and they were clear I was on my own. With that information, I chose a program that was reasonable for me to repay. My dream program was 60 grand a year or so but I found a program that had parallels that was about 20 grand a year or so. Took out loans, paid some in cash, just made it work. I left and paid my monthly installments for about a year. Then when my mom sold her business, she told me she wanted to use some of the proceeds to clear my loans. Beyond generous. I could’ve afforded my choices on my own, though so ownership was important.[/quote] I’ll add I was in my late 20s with a baby on the way. So I have certainly demonstrated that I was a competent human who could land on my feet. I don’t think anyone was trying to force a lesson on me.[/quote]
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