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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Law/med/any grad school/Phd/MBA

We will pay for all.  Not super rich but we have lived a frugal lifestyle to give leg-up to our kids.  Education is on us. [/quote]

Well, good for you and it's your money but it's also stupid.  You can give your kids a "leg up" in plenty of other ways.  You don't have to pay for every cent of a decades long education to do it.[/quote]

No, it is not stupid at all. Especially, if you have raised great kids and given them many "leg ups".  It is a waste only if you have raised substandard kids or  have created a poor dysfunctional family life for them.  Don't have children if you will give them a bad life.

We have given many leg ups to our children - starting from a functional, intact and happy family life, highly educated parents, loving and supportive extended family, extensive and close-knit social network, emphasis on education, healthy lifestyle, adulting skills,  trilingual education, exposure to multiple cultures and travel, no abuse/addiction/adultry in family, treating all kids equally,  having only two children.

So, selfish parents are quick to have sex and create children but are reluctant to pay for education?  Use a condom if you cannot support your children to get the an education for a good career.

K-12 is free education in public schools, so there is zero reasons for parents to not pay for undergrad, grad and post grad education.  What else have they paid for their kids? Basic needs are fulfilled by every parent. That is not the end all. 
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Agree.

Yep will pay if they don't other wise have scholarship.  It's my right and duty as a parent.  Stupid would be NOT paying for this if you can afford it. What am I going to do with the extra money anyway and what better use for it than my kid's education so they can graduate debt free.  Why pay interest to a lender if we as a family don't have to.  Would rather keep that interest and build family wealth.

[b]Also so what if kid only wants to go to law school because that's how they can get gainful employment. That is as good a reason as any to go and regardless of reason, I as a parent would pay.
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To a different PP - med school is NOT a "rich person profession" where most kids are paying cash. That's just a lie.

I can't understand the families who can affort to pay but don't.  Seems rather illogical and a poor financial decision.[/quote]

Because they may go through three years of law school and still can't get particularly gainful employment.

If you had basically no standards for your kid's undergrad, what makes you think things will improve with law school?[/quote]

I'm the one you're replying to. I mean they could do anything and not find a good job I suppose. But with law school, [b]they should get some kind of job, right? [/b] I actually have no idea about law school. My spouse and I did not do law school and neither of my two kids are interested in law school, so I haven't ever thought about that specifically.

But I raised them to value education and be smart, hard workers and to find joy in their daily lives and daily work.  They are not "party-ers" but know how to have fun. They won't squander their education and they are free-loading off me.  Because I didn't raise them to be that way.  Like others who have posted, I have worked hard myself, made sacrifices, don't buy overly expensive things even if I could. With our paychecks, first chunk goes toward retirement, second chunk is saved for kids' education, and whatever is left is what we can spend from for food, utilities, and wants.  My parents paid for my education, I will pay for my kids, and the expectation is that they pay for their kids' education.  No reason to send any of our hard earned money to the bank or government as interest.[/quote]

I was responding to whomever says they will pay for law school because their job prospects after undergrad are terrible.

That's not a great reason to me to go to law school.  I mean, even if their job prospects after undergrad aren't great, they should still be able to get some kind of job...so just confusing why you wouldn't apply that same logic to law school for a kid that had little interest in attending law school until they decided their job prospects weren't good.

There are plenty of people that go to law school and get crappy law jobs that pay little more (or maybe less) than anyone could get just from undergrad.  Only like maybe 5% of all lawyers can work at the BigLaw firms.[/quote]

This may or may not be a good reason to go to law school. That's a different question altogether.  That's a different conversation parent should have with kid -  whether law school is the right path for them.  But if they do decide to go to law school (because of poor job prospects after undergrad or because they really are passionate about law), then I as the parent would pay for it.  There wouldn't be a reason I wouldn't pay for it.  So they may end up miserable.  They could end up miserable in any career.  But I would still pay for the education because that just makes financial sense.  
There should be some digging deep to try to find a profession they won't be miserable in - no parent wants their kid to be miserable.

As for end of life disability being expensive and shouldn't pay for education because may need it for end of life.  I wouldn't choose.  I would make sure I have enough for end of life first, and then also pay for education.  It's not an either/or situation.  It's this AND that.  This is what people mean when they say they can afford to pay.  They can afford to pay without sacrificing their own potential medical or disability needs.

(Not related to this thread, but why are so many law school grads so miserable? Would they be miserable no matter what work they did, or is it something about being a lawyer?)[/quote]

So…your dumbass kid can’t get a decent job from undergrad because they screwed something up…but it makes good financial sense to double down on same dumbass that now thinks law school is the answer?
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