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re: Anyone NOT save for your kids' college?
Posted on 5/6/13 at 10:15 am to Sigma
Posted on 5/6/13 at 10:15 am to Sigma
quote:I don't intend on fully funding my kids college and barring any financial pitfalls in the next 15 years, I could.
I'm amazed that parents with the means to do so don't plan on saving for their kid'(s) higher education.
quote:No they aren't, but I'm also not busting my kid's butt to finish in 4. I didn't and don't care if they do or not.
The days of paying for college as you go are gone, if you are expecting to finish in close to 4 years
quote:Sure, it's nice to not have student loans, but I did and my wife did and we do just fine. They're virtually paid off except for a 2% loan.
So the only alternative is a student loan. One of the best things you can do for your child as they enter adulthood is to make sure they are not in a huge hole of debt.
My goal for my children in college is to work to support themselves, but not too much so they struggle making grades. I'll probably pay for half of their tuition and books, and they pay for the other half. When they graduate I'll have plenty of opportunities to help them and get them on their feet if I want to.
Posted on 5/6/13 at 10:18 am to LSUAfro
quote:
I'll probably pay for half of their tuition and books, and they pay for the other half.
This is reasonable.
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