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Reply to "Should step-parents be on the hook to fund college for step-kids?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I worked my way through college. Never expected anyone to pay my way.[/quote] This is not possible now. Look at how college costs have gone up. Even if you do 2 years at CC and transfer to a state school. [/quote] Not the PP. It depends on when you went to college. I went before minimum wage hit $3 and the relative costs to earnings is about the same today. It's hard but if you work and don't waste money it's doable. [/quote] It's more than hard. It's really not feasible for most students. In 1970, the minimum wage was $1.70. Annual tuition for a private school was $2550. You could work around 25 hours per week to pay that tuition. In 2014, the minimum wage was $7.25. Annual tuition for a private school was around $45,000. You would have to work around 90 hours per week to pay that tuition in 2014. Even if you went to an in-state school, you would have to work 40 hours a week at minimum wage to pay for school. [/quote] So you work full time, go to school part time, and go to an in state school. What's the problem? Not my plan for my kids, but you have to do what you have to do.[/quote]
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