Reply to Just Curious: Post if you have a Masters, Law or MD and your parents did not pay for college

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Reply to "Just Curious: Post if you have a Masters, Law or MD and your parents did not pay for college "

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[quote=Anonymous][quote=Anonymous]parents made close to a million in 1980's and 1990's.  They paid for my private undergrad (and two siblings), supported us with tuition and living expenses after college while we were 'finding ourselves in phD and Masters programs, and when we finally went to grad school(two siblings private, one public), paid for living expenses and made sure we got no private loans, but made us get the gov't loans for grad school.  My wife's dad made more than 1 million a year---paid for her and her siblings undergrad and grad schools.

My parents have already told us that we won't get much of an inheritance, 500k each, only after their deaths---the rest is to be donated to various charities.  Their thoughts were that they supported us during our formative (and past formative) years, so the rest of the money is for those that were less fortunate.

I don't make as much money as my parents did, but am planning on paying everything for my 3 kids as well.  DD stars Sidwell this fall.  I've already started the sleepless nights.[/quote]

Gosh, a $500K inheritance does not, to me, qualify as a "won't get much" kind of situation. I guess it all depends on your expectations. [/quote]

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