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Reply to "Should step-parents be on the hook to fund college for step-kids?"
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[quote=Anonymous][quote=Anonymous]I'm shocked that you think he has any money left with 4 kids and $100k income. He has no obligation to them but will need to save enough for retirement to support both him and spouse. If he made more, then it would be nice for him to contribute, but again, he is not obligated. [/quote] True but he'll still have to co-sign all the loans as breadwinner. Nobody gives $10k 25k 60k loans a year to an 18yo without job or credit history. If I were in the step-parent's shoes I'd do everything possible to make sure the step-kids were excelling in the classroom to position them for scholarships to lower tier local colleges. Or make sure they know the stats they need for the well-publisized automatic full ride at for example, University Alabama (3.5 GPA+, 30+ ACT): http://scholarships.ua.edu/types/out-of-state.php[/quote]
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