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Reply to "Is it messed up to not save for your kids college even if you can afford it?"
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[quote=Anonymous]I don’t think that it is messed up. It depends a lot on your values. But I would fund or partially fund my kids college in your shoes. Conversely we are very wealthy and other than schooling I don’t plan on leaving our kids much if anything, which most DCUMers find reprehensible. The big difference mi see between the two is that the financial aid your children will receive will depend on your income, so not funding it actually puts your child behind others who don’t have the financial capacity, unless your plan is to cut your children off financially entirely such that they become emancipated from you. I could never do that, but I think that for some, it would be a worthwhile endeavor. FYI, for independence reasons I paid for a bit more than half of my schooling myself (work study/ loans/ scholarship). It was important to me at the time. [/quote]
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