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Reply to "Did your parents (step or otherwise) pay for your college? Will you pay for your kids?"
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[quote=Anonymous]White person here. My parents did not pay. I worked two jobs through most of my college education. It was very hard and I had a combination of scholarships, government student loans, private student loans, and (once I could prove self-sufficient) I received Pell Grants. My parents have promised to help me pay back my loans now- I have been out of school for 8 years. They have been paying on one loan since 2013 which has been very helpful. I don't take any of my education for granted and eventually put myself through graduate school as well. This has given me a lot of help in my career. However I don't ever want my children to feel the financial burden that I have had to face. I plan to help my children to the fullest extent possible and without regret. While I don't have it all figured out, being open about my experiences with my children and helping them determine what is financially feasible and realistic will ultimately be my plan. Knowing what degree you're going after, determining the salary range (and cap), and what you need to succeed further will be part of my goal for them. They must work part-time in school until they're at a point of "thesis" or other time-consuming cumulative work in their degree. Summers are for additional credit hours and work. I know where the "skin in the game" statement came from, Dave Ramsey, and while on some levels I agree (and I also listen to his show everyday)- I also think it comes from a place of superiority and smugness which I don't agree with. [/quote]
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