DH has been talking to a contractor at work (he is a painter and painted our interior of our house) about college. Ray has 3 kids- the oldest 2 are in college and the youngest is in a private school. So I imagine his education bills are HUGE... Anyway he pays for all of his kids college education.... This caused an alarm to go off in my DH's head... His parents paid for ALL of his college (which his Dad was happy he didn't go to Harvard- he was accepted and MIL was pushing for it, but he chose to stay closer to home)...So now he is freaking out since we will have two and lets face it tution is just so high...
So we have been looking at our investments- since he feels we should pay for all of it- I am of the camp that we save yes- but we are not required to pay for ALL of it. (When I return to work I planned on most of my salary to go into a savings plan for the boys.) My parents did not pay for any of my college- yes I was able to get financial aid, scholorships, and loans. Which I took care of and made sure everything was paid. My parents let me live with them in the summer- but I worked night shifts and paid rent. I have paid off my student loan debt-
So after my novel, do you think you should pay for ALL of your kids college education? That it is expected...
Re: I am curious
Neither of our parents paid anything. We are saving, and will pay some but not all. I am also going to strongly push for her to live at home for as long as possible to save money.
Go see a financial planner before you start killing yourselves to pay for your kids college. Most now advise that parent do NOT save to pay for their childrens college. They instruct to first save for your own retirement. Kids going to college are at t
My education was entirely paid for by my parents which I am extremely grateful for. Well, my tuition but I worked throughout school and paid for other stuff. Anyway, I digress. My DH had a full ride so he was covered as well. However,
In my case my grandparents paid for all their grandkids to go to college. My parents helped with books and spending money. My parents have the means to help my kids and my nieces and nepthews but not to pay fully. I hope we are able to supplement
I think that as parents, we should try to pay for college for our kids. Both my husband and I had parents who paid our entire way though and that's the only way we are in such good financial standing now...no loans, nothing hanging over our head. I kno
Both sets of parents paid the entire way for H and I and we each really appreciate and acknowledge the fact that having no student loans enabled us to be in a much better financial position post-college. Even with having everything paid for, I worked r
College tuition is rising at a rate much higher than that of inflation. Paying for college is going to be a whole different ball game by the time our kids are 18. I don't see the need to put that kind of pressure on yourself just because your parents d
My parents told me from the beginning our college would not be paid for (or our weddings). We didn't have much $ so it wasn't even an option for them.
I am hoping to help pay a little towards my children's college. But we
We will try. Right now, given projected costs and our savings rate, I think we will be able to or come close for one child, which is all we have right now!
H's parents paid for all of his. I paid 2/3 of my first year with scholarships, and took
BFP #2 4/13/10. Bridget born 12/28/10
BFP #3 Finn born 8/11/15
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I was pretty much totally on my own. Sometimes it sucked but in general I think it kept me straight. We kind of have a forgiveness idea. We're thinking they will be responsible for college (scholarships & loans) but
My parents paid for my brothers and my college and also my sisters university. DH and I have discussed it and we're ok paying for some (most likely half) of college/university for the boys. Theres some called an RESP here in Canada where yo
Neither DH nor I came from families where our parents could help us with our education bills at all. We took 2 very different routes: DH worked FT and took classes at community college and then the university. It took him 7 years to complete his degree
I think it depends on the financial situation of the family, the goals of the student/child, and the personal choices of that student/child.
If you don't have a lot of money as a family then no you just can't be expected to pay for all (or
DH and I agreed to have as many kids as we can afford. We agreed that we would pay for one degree and one wedding per kid. That is on top of what we put into our retirement. I understand things happen but that is what we wou
DD 12.2010
My parents paid for my room and board, my tuition was paid for by scholarships and student loans. I also worked all through college, both part time and full time jobs.
I don't know that I want my kids working too much during their co