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.
Anonymous wrote:Anonymous wrote:Anonymous wrote:There are plenty of cheap universities abroad and in 15 years things are only going to get better. The current pace of tuition inflation is unsustainable.
Meaning what? Don't try to save? I'm one of those posters willing and able to save $200,000 per child for college. If they don't need it, we'll find other uses for it. My kids don't need a swimming pool in their backyard, or annual trips to Disney, but they may well need a lot of financial assistance from us for college.
So you all you are basically saying is that you are a big saver. You are not truly saving for anything in particular.
Anonymous wrote:Anonymous wrote:Anonymous wrote:There are plenty of cheap universities abroad and in 15 years things are only going to get better. The current pace of tuition inflation is unsustainable.
Meaning what? Don't try to save? I'm one of those posters willing and able to save $200,000 per child for college. If they don't need it, we'll find other uses for it. My kids don't need a swimming pool in their backyard, or annual trips to Disney, but they may well need a lot of financial assistance from us for college.
So you all you are basically saying is that you are a big saver. You are not truly saving for anything in particular.
Anonymous wrote:Anonymous wrote:Anonymous wrote:For all of you who don't plan to pay for your kids college education, let me assure you that they will be pushed out of jobs by immigrants whose parents lived in shacks so their kids could get the best possible education. Indian, Korean, Chinese families sacrifice EVERYTHING so their kids can get the best possible education. Later those same kids help the elderly parents because they are able. This discussion, right here, on this thread is why the U.S. is going to become second world very soon.
I am one of those immigrants (though I live quite comfortably). I said previously that I would only pay for a top school tuition and only on my own terms (i.e. children get to choose their major only from a pro-approved list created by me and DH). It is hard for me to imagine immigrant parents giving their children free reigns in terms of exploring various college majors etc. Also, more than many here (and this despite both me and DH being PhDs) we are willing to accept that our children might not be good enough for college and that there other honorable ways to make a living. We are certainly not going to pay $$$ so that children can have a "college experience".
I am also from one of those immigrant groups - my parents immigrated, and my husband immigrated. Dad's family was dirt-poor; he's an engineer.
My parents came here for opportunity. The last thing my parents would want me to do is waste an education on something that didn't interest me at all. Can you imagine not wanting to be an engineer, and then spending 9 hours a day being an engineer? Soul sucking.
I don't know a single immigrant parent that made the kinds of ultimatums you suggest - it's the exception, rather than the norm in our community, actually. We find out about it from the rumor mill. "Oh, he left school - he really wanted to be an English major, but his mom made him go to the business school."
Anonymous wrote:Anonymous wrote:Anonymous wrote:For all of you who don't plan to pay for your kids college education, let me assure you that they will be pushed out of jobs by immigrants whose parents lived in shacks so their kids could get the best possible education. Indian, Korean, Chinese families sacrifice EVERYTHING so their kids can get the best possible education. Later those same kids help the elderly parents because they are able. This discussion, right here, on this thread is why the U.S. is going to become second world very soon.
I am one of those immigrants (though I live quite comfortably). I said previously that I would only pay for a top school tuition and only on my own terms (i.e. children get to choose their major only from a pro-approved list created by me and DH). It is hard for me to imagine immigrant parents giving their children free reigns in terms of exploring various college majors etc. Also, more than many here (and this despite both me and DH being PhDs) we are willing to accept that our children might not be good enough for college and that there other honorable ways to make a living. We are certainly not going to pay $$$ so that children can have a "college experience".
I am also from one of those immigrant groups - my parents immigrated, and my husband immigrated. Dad's family was dirt-poor; he's an engineer.
My parents came here for opportunity. The last thing my parents would want me to do is waste an education on something that didn't interest me at all. Can you imagine not wanting to be an engineer, and then spending 9 hours a day being an engineer? Soul sucking.
I don't know a single immigrant parent that made the kinds of ultimatums you suggest - it's the exception, rather than the norm in our community, actually. We find out about it from the rumor mill. "Oh, he left school - he really wanted to be an English major, but his mom made him go to the business school."
Anonymous wrote:Should? As in the kids are entitled to a college education paid for by their parents?
No way.
I think that the kid should have to work and save for it throughout the years. I also believe that the kid should work hard and try to get scholarships.
If the parents can and have the will to pay, more power to them. But, I think that parents mortgaging their house to pay for a kid's college is insane.
Anonymous wrote:Anonymous wrote:For all of you who don't plan to pay for your kids college education, let me assure you that they will be pushed out of jobs by immigrants whose parents lived in shacks so their kids could get the best possible education. Indian, Korean, Chinese families sacrifice EVERYTHING so their kids can get the best possible education. Later those same kids help the elderly parents because they are able. This discussion, right here, on this thread is why the U.S. is going to become second world very soon.
I am one of those immigrants (though I live quite comfortably). I said previously that I would only pay for a top school tuition and only on my own terms (i.e. children get to choose their major only from a pro-approved list created by me and DH). It is hard for me to imagine immigrant parents giving their children free reigns in terms of exploring various college majors etc. Also, more than many here (and this despite both me and DH being PhDs) we are willing to accept that our children might not be good enough for college and that there other honorable ways to make a living. We are certainly not going to pay $$$ so that children can have a "college experience".
Also, more than many here (and this despite both me and DH being PhDs) we are willing to accept that our children might not be good enough for college and that there other honorable ways to make a living.
Anonymous wrote:Anonymous wrote:For all of you who don't plan to pay for your kids college education, let me assure you that they will be pushed out of jobs by immigrants whose parents lived in shacks so their kids could get the best possible education. Indian, Korean, Chinese families sacrifice EVERYTHING so their kids can get the best possible education. Later those same kids help the elderly parents because they are able. This discussion, right here, on this thread is why the U.S. is going to become second world very soon.
I am one of those immigrants (though I live quite comfortably). I said previously that I would only pay for a top school tuition and only on my own terms (i.e. children get to choose their major only from a pro-approved list created by me and DH). It is hard for me to imagine immigrant parents giving their children free reigns in terms of exploring various college majors etc. Also, more than many here (and this despite both me and DH being PhDs) we are willing to accept that our children might not be good enough for college and that there other honorable ways to make a living. We are certainly not going to pay $$$ so that children can have a "college experience".