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College and University Discussion
Reply to "How do you feel about making your kid get student loans?"
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[quote=Anonymous]For me, it was a priority from the time I knew I wanted to have kids to ensure I had enough saved so that they didn't need loans. That made me address the issue quire young. After paying off my loans (college and law school) I saved aggressively and stayed at a law firm about 2-3 years longer than I otherwise would have to save for future kids' college. So in my case I would be very much opposed to their taking out loans because they can be so debilitating. But I also planned and saved so that that we'd never need to reach that question. At the same time, our kids have been blessed with high academic and intellectual talent, and very strong work ethics. One is a their first choice top college and the other is in the process of applying. If they were slackers or needed skin in the game financially I might have a different approach. [/quote]
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