Reply to People with kids in college or professional/grad school: Which expenses do you pay for?

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[quote=Anonymous]I’m Asian so a lot of this is cultural. My parents fully paid for undergrad and gave me a “stipend” every semester for food and misc exp as they considered school to be my job. They were immigrants and super frugal except when it came to education. They did not want me taking any time away from studies with a job that wasn’t going to further my career. I went to a pricey private school with a half tuition scholarship. I had an offer for a full scholarship for business school at a top 30 program but was also accepted to a top 15 without scholarship and they offered to pay, so I went to the higher ranked program. They paid my rent during school.

I will do the same for my kids - to be honest, growing up this was sort of normal and expected so I did not realize what a privilege it was, but I can see now how not having student debt really helped set me up for life. But I take the same viewpoint for my children and I see it as a responsibility to fund their education.[/quote]

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