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College and University Discussion
Reply to "How much allowance money do you send your kid each week/month at college?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think the replies here are a self-selecting group. Everyone I know gives their kids spending $$, both when I was in college and now. And I grew up middle class (real middle class, not DCUM middle class). We had summer jobs, but it was not intended to cover all of our spending money at school. It is amusing to see all of the “I’ll pay $80k a year for school, but I’m not going to give my kid $100 a month for pizza” types on here. [/quote] You and your friends and most of DCUM (including me) are significantly wealthier than the average family.[/quote] My mom was a single mom making ~35,000 a year. I went to college on 100% financial aid but she still gave me 100/month spending money back in 2000 (and everyone else in my peer group got significantly more than that). I definitely think the posters here are a bunch of self righteous cheap skates.[/quote] Thank you. “Middle class” pp here. For those questioning my credentials, my Mom was a teacher in a state not known for paying their teachers well, and my Dad had an office job but didn’t make much more than my Mom. No family money. Bought our tiny house at the peak of 70’s inflation and ended up selling it at a loss when my Dad got transferred. Most on this board would consider us LMC. I was a National Merit Scholar and was on scholarship and took out loans. Back then, you didn’t get loans for spending money. When I was in Law School, and could get clerkships that paid well, I did mostly pay my own way, but struggled to pay for decent food. Trust me, I wasn’t living it up on my parent’s dime. Yes, I am well above middle class now. Which is why I have no desire to see my kid struggle. I didn’t have much of a social life and ended up driving home many weekends because I couldn’t afford to go out. I did find that it was different in law school. There were more “poor” kids and we were all in the same boat. Those of you who are sending your kids to expensive private colleges need to know that most of the kids will have generous allowances and a kid’s social life can be severely constrained when they have no $$. I just went on a tour at one such school, and the tour guide mentioned that the dining plan at the school provides some credit that can be used at local restaurants, which was a good thing, because it allowed kids with less money to join the groups of kids that were going out. So, that tells me that this is still a thing. [/quote]
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