Reply to College savings--GAH!

Forum Index » Jobs and Careers

Reply to "College savings--GAH!"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]New poster here... HHI is $135k and while child is in daycare we contribute about $100/month.  Here's the thing- both DH and I went to private and public universities in VA (private for both of us for undergrad, public for grad).  It's all about how you guide your child.  Neither of my parents went to college and didn't know the first thing about scholarships, legacy applications, etc.  Now that I have been through the gauntlet myself I know better than to let my child have to pay the full "tuition" amount.  [b]While we plan to contribute in larger amounts, I do feel my child(ren) needs some "skin in the game"[/b]... they need to (with guidance) apply for scholarships (more than 20) and [b]put forth a full effort to understand the financial ramifications of their choices after graduating.[/b]  I won't allow them to take out loans- but they will contribute whether by earning scholarships or a part time job, etc.  Just handing over a 529, bank account, or prepaid tuition and saying "have fun" to an 18 yr old is ridiculous.[/quote]

First, this post is positively schizophrenic - "My kids must be adults and take financial responsibility for college . . but I won't allow them to take out loans."  So are you forcing them to be responsible adults, or are you helicoptering over them, vetoing the very financial decisions you want to force them to make?   Because this sounds a lot like "be an adult and take responsibility for your education . . . as long as you do what I want you to do."

Second, and I've said this before in a different context, [b]if the only way you can get your kids to understand the importance of college and the implications, financial and otherwise, of their decisions is to make them pay for a portion of college, you have failed as a parent long before the tuition bill comes[/b].  [/quote]

+1[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics