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College and University Discussion
Reply to "11th grade son won't discuss college"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]But PPs make it sound like it's impossible for any kid to manage it themselves these days. I don't buy it. [/quote] You were able to figure out how you'd finance the cost of a $240,000 education by yourself at 17? That's really impressive, but very unusual. [/quote] Obviously tuition wasn't that much back then (approx $20/yr). But I did the legwork to find and apply to various scholarships/grants (counselor helped me with leads). I ended up with federal grants and loans beyond the scholarships and my parent's contribution. It broke down to approx 1/3 parents, 1/3 scholarships/grants, 1/3 loans. And I got 80% of grad school covered by grants (primarily one corporate grant). Took me 10 years to pay off the loans. I also worked over summers and during the school year for spending money. Anyway, that just one aspect of college planning/applications. If you never give your kid the chance to even TRY to manage it then you'll never know if they are capable. [/quote]
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