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Reply to "DS upset about loans"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Our UMC kid is full pay at a private. We’re comfortable but frugal. Their high school friends at public in-state universities have a lot more money to spend on extras like eating out, nice off campus apartments, Greek life costs, cars, etc. which makes sense. We told our kid up front (and remind them when needed) that they chose to attend a private college and need to accept the lifestyle compromises that comes with that. They don’t have a car, eat mostly in the dining hall, are living in the dorms, and didn’t rush for a sorority/fraternity. [/quote] Our UMC kid got full tuition at our state flagship. We pay for room and board, as well as all spendings. He does not have a car, he lives in an off campus apartment, eats in the dining hall/takeouts/eats out/cooks in the apartment, is not into Greek life, travels abroad at least once a year with his friends. He has earned around 50K through internships which he has saved for retirement and investments. All in all - his college has cost us 60K for 4 years and double major for costs other than tuition. [/quote] You are upper class, not UMC. Be real. Good for him.[/quote]
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