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Reply to "Why pay all of kids' college?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You can always loan your kid some portion of college tuition if you want them to have skin in the game but not subject to the public markets. Make it official and have them sign a loan agreement…and then decide if you want to forgive it if the kid has turned out OK.[/quote] It's not skin in the game as most have no concept of debt or what it means till after they graduate. Skin in the game would be working through college. [/quote] plus most educational loans are forgiven, especially if you work in public service. [/quote] So[b]me are some aren't. I was told they only paid off specific loans in the field I was in and my parents decided against it.[/quote][/b] the PP is wrong. Very few have been "forgiven". It was a campaign stunt to get votes by Biden. a few were forgiven but there were highly prescribed. My kids received NO forgiveness on any student loans.[/quote] Your kids had to have been in a program for loan forgivenes---working in a job for 10+ years that offers it. All Biden did was ensure what had previously been promised actually came to fruition. [/quote]
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