Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I will help out but I will not pay the full ride.
They will have to get student loans. I paid my way through college and it made me really think about how I spent my hours on the weekends while my friends were out every night with $50 bar tabs I was (in addition to my real job) working for a caterer to help pay off student loans.
I will also not pay for a car, phone, cable, or insurance.
I have boys so I will give them a certain amount of money when they get married to do with as they will - rehersal dinner or down payment on a house - up to them.
Am i reading this correctly? You will give them a lump sum for a rehearsal dinner or a down payment for a house, but not for college? I wonder how they'll make the house payments and student loan payments.
You clearly missed the point. I will give them money when they get married as a gift (not $100K more like $10K) - I will not dictate how they spend it. If they are getting married I suspect they don't have student loans anymore. If they use it for a rehersal party I will be disappointed.
This is hilarious - do you really think that your kids (who you say will have to take out student loans to pay for college) will no longer have student loans at the time they get married?
Have you read posts on this board about crippling student debt? Debt that stands in the way of buying a house, having a child, paying for childcare?
Have you been paying any attention at all?
I paid my student loans off before I got married. I waited until I was finacially stable. I did not buy a fancy car. I lived at home and paid the rent there (which sucked). I worked a 2nd job. I did not go to bars and pay $50 bar tabs that I can't even image what they are now. Yes if my kids work, buckle down - I think they will be able to pay their student loans off before they are 30 with a little help - not me paying the full tab.
One of the many reasons I will do everything in my power to get my kids through college with zero debt is that I do not want student debt to hamper/limit them during a time in their lives when they are exploring options. I want them to be free to live abroad (as I did), take piddly-pay, socially important jobs that are interesting to them, and yes, marry if they wish, without student debt standing in the way.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I will help out but I will not pay the full ride.
They will have to get student loans. I paid my way through college and it made me really think about how I spent my hours on the weekends while my friends were out every night with $50 bar tabs I was (in addition to my real job) working for a caterer to help pay off student loans.
I will also not pay for a car, phone, cable, or insurance.
I have boys so I will give them a certain amount of money when they get married to do with as they will - rehersal dinner or down payment on a house - up to them.
Am i reading this correctly? You will give them a lump sum for a rehearsal dinner or a down payment for a house, but not for college? I wonder how they'll make the house payments and student loan payments.
You clearly missed the point. I will give them money when they get married as a gift (not $100K more like $10K) - I will not dictate how they spend it. If they are getting married I suspect they don't have student loans anymore. If they use it for a rehersal party I will be disappointed.
This is hilarious - do you really think that your kids (who you say will have to take out student loans to pay for college) will no longer have student loans at the time they get married?
Have you read posts on this board about crippling student debt? Debt that stands in the way of buying a house, having a child, paying for childcare?
Have you been paying any attention at all?
I paid my student loans off before I got married. I waited until I was finacially stable. I did not buy a fancy car. I lived at home and paid the rent there (which sucked). I worked a 2nd job. I did not go to bars and pay $50 bar tabs that I can't even image what they are now. Yes if my kids work, buckle down - I think they will be able to pay their student loans off before they are 30 with a little help - not me paying the full tab.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I will help out but I will not pay the full ride.
They will have to get student loans. I paid my way through college and it made me really think about how I spent my hours on the weekends while my friends were out every night with $50 bar tabs I was (in addition to my real job) working for a caterer to help pay off student loans.
I will also not pay for a car, phone, cable, or insurance.
I have boys so I will give them a certain amount of money when they get married to do with as they will - rehersal dinner or down payment on a house - up to them.
Am i reading this correctly? You will give them a lump sum for a rehearsal dinner or a down payment for a house, but not for college? I wonder how they'll make the house payments and student loan payments.
You clearly missed the point. I will give them money when they get married as a gift (not $100K more like $10K) - I will not dictate how they spend it. If they are getting married I suspect they don't have student loans anymore. If they use it for a rehersal party I will be disappointed.
This is hilarious - do you really think that your kids (who you say will have to take out student loans to pay for college) will no longer have student loans at the time they get married?
Have you read posts on this board about crippling student debt? Debt that stands in the way of buying a house, having a child, paying for childcare?
Have you been paying any attention at all?
I paid my student loans off before I got married. I waited until I was finacially stable. I did not buy a fancy car. I lived at home and paid the rent there (which sucked). I worked a 2nd job. I did not go to bars and pay $50 bar tabs that I can't even image what they are now. Yes if my kids work, buckle down - I think they will be able to pay their student loans off before they are 30 with a little help - not me paying the full tab.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I will help out but I will not pay the full ride.
They will have to get student loans. I paid my way through college and it made me really think about how I spent my hours on the weekends while my friends were out every night with $50 bar tabs I was (in addition to my real job) working for a caterer to help pay off student loans.
I will also not pay for a car, phone, cable, or insurance.
I have boys so I will give them a certain amount of money when they get married to do with as they will - rehersal dinner or down payment on a house - up to them.
Am i reading this correctly? You will give them a lump sum for a rehearsal dinner or a down payment for a house, but not for college? I wonder how they'll make the house payments and student loan payments.
You clearly missed the point. I will give them money when they get married as a gift (not $100K more like $10K) - I will not dictate how they spend it. If they are getting married I suspect they don't have student loans anymore. If they use it for a rehersal party I will be disappointed.
This is hilarious - do you really think that your kids (who you say will have to take out student loans to pay for college) will no longer have student loans at the time they get married?
Have you read posts on this board about crippling student debt? Debt that stands in the way of buying a house, having a child, paying for childcare?
Have you been paying any attention at all?
I paid my student loans off before I got married. I waited until I was finacially stable. I did not buy a fancy car. I lived at home and paid the rent there (which sucked). I worked a 2nd job. I did not go to bars and pay $50 bar tabs that I can't even image what they are now. Yes if my kids work, buckle down - I think they will be able to pay their student loans off before they are 30 with a little help - not me paying the full tab.
Anonymous wrote:Anonymous wrote:Anonymous wrote:1. Assuming you have means and it is not a complete struggle, parents should pay for their kids undergrad tuition and room and board. That is part of the deal in 2012. That is, saving for your kids college should be a lower priority than your mortgage, 401K and your normal quality-of-life (vacations, etc.). But I think it should be ahead of getting a nicer car and/or a bigger house.
2. The college "experience" is important. The people who do well in life are the ones who are well adjusted with good social skills and who get along with other people. Plus the contacts and friends you make in college are huge for future success.
3. The parent owes it to their kids to give them advice (this major is better than that major, etc.), but it is not my choice as to their major or college (assuming the school is within my budget). Now there are some limits. I am not going to pay for an unaccredited school and I'd probably say it has to be within X hours of home (say 4-5 hours).
um really?? bwahahahhahaha
You can pick up social skills at places besides frat parties.
you don't think social skills are the most important factor in success? Of course they are. First, you have to have the credentials. But once you get in the door, it is personality.
Anonymous wrote:Anonymous wrote:Wow. To whomever said getting married = no student loans.
Me: $111K
DH: $108K
That was our student debt each the day we got married.
Note to self: tell my children to ask about student loan debt before committing to marriage.
Holy sh*t-- I wouldn't have married your a**. DH was insistent on starting marriage with no debt. I had none since I was lucky enough to have parents pay for undergrad and a scholarship to grad school. He had some from a private well-regarded university---but worked like a dog and had them paid off by 26/27.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I will help out but I will not pay the full ride.
They will have to get student loans. I paid my way through college and it made me really think about how I spent my hours on the weekends while my friends were out every night with $50 bar tabs I was (in addition to my real job) working for a caterer to help pay off student loans.
I will also not pay for a car, phone, cable, or insurance.
I have boys so I will give them a certain amount of money when they get married to do with as they will - rehersal dinner or down payment on a house - up to them.
Am i reading this correctly? You will give them a lump sum for a rehearsal dinner or a down payment for a house, but not for college? I wonder how they'll make the house payments and student loan payments.
You clearly missed the point. I will give them money when they get married as a gift (not $100K more like $10K) - I will not dictate how they spend it. If they are getting married I suspect they don't have student loans anymore. If they use it for a rehersal party I will be disappointed.
This is hilarious - do you really think that your kids (who you say will have to take out student loans to pay for college) will no longer have student loans at the time they get married?
Have you read posts on this board about crippling student debt? Debt that stands in the way of buying a house, having a child, paying for childcare?
Have you been paying any attention at all?
Anonymous wrote:Wow. To whomever said getting married = no student loans.
Me: $111K
DH: $108K
That was our student debt each the day we got married.
Anonymous wrote:Anonymous wrote:DS's tuition bill with all fees included for the 2012-13 year is $66,000.
I just looked up the 20 most expensive colleges. Sarah Lawrence is #1 at $59,170 and NYU is #2 at $56,787. Perhaps your DS is skimming some money off the top.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Yes, I agree. If you choose to have children, it's your responsibility to get them through college.
Thank you! Why is this so hard to understand?
Because you will raise spoiled entitled brats that did not have to work hard for everything they have.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I will help out but I will not pay the full ride.
They will have to get student loans. I paid my way through college and it made me really think about how I spent my hours on the weekends while my friends were out every night with $50 bar tabs I was (in addition to my real job) working for a caterer to help pay off student loans.
I will also not pay for a car, phone, cable, or insurance.
I have boys so I will give them a certain amount of money when they get married to do with as they will - rehersal dinner or down payment on a house - up to them.
I'm buying a car! Better a boring but safe Honda Accord than some 20 year old death trap my kid might be able to purchase.
If they don't have student loans they will buy a sports car - or trade the one in you got and upgrade to a sports car. I drove a reliable boring car because I paid for it myself.