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re: Is a parent responsible to pay for their kid's college?

Posted on 5/18/19 at 2:12 pm to
Posted by Nicky Parrish
Member since Apr 2016
7098 posts
Posted on 5/18/19 at 2:12 pm to
I know I’m not obligated to pay for college, but I’ll do what I can so my children don’t start out with 50, 60, 70 thousand in student loans.
Grant you they do work during the summer and have part time jobs during the school year. That’s their own money, it helps them learn about budgeting, saving and everyday money matters.
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 5/18/19 at 2:14 pm to
I think if the parents have the means and are responsible parents then yes they should pay for whatever they can afford.

If the kids wants to further their education, ie med school, grad school, law school, etc, and the parents aren’t prepared for that, then the kid should figure out a way to pay for that themselves.
Posted by BluegrassBelle
RIP Hefty Lefty - 1981-2019
Member since Nov 2010
108006 posts
Posted on 5/18/19 at 2:23 pm to
Are they obligated to? No.

But if they’re financially able to do so, it’ll give their kid a leg up when they get out if they can. And if the parents are helping foot the bill they should be allowed to set some boundaries on what would result in them pulling that assistance (i.e. specific major, GPA, etc.)
Posted by chalmetteowl
Chalmette
Member since Jan 2008
54807 posts
Posted on 5/18/19 at 2:24 pm to
quote:

HELP YOUR DAM KIDS.
parents have the right to have their own lives when kids are that age...
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
72094 posts
Posted on 5/18/19 at 2:25 pm to
Mine didnt pay for me, I dont plan to pay for mine. I did much better than the group I graduated high school with becuase I had to pay my own way. Otherwise I would have drank and partied myself out of tops and out of college just like they did.
Posted by lsufan9193969700
Madisonville
Member since Sep 2003
55911 posts
Posted on 5/18/19 at 2:27 pm to
No
Posted by beebefootballfan
Member since Mar 2011
20873 posts
Posted on 5/18/19 at 2:33 pm to
My children will receive help with some expenses If they major in a useful field. Science, Medical, F&A, or technology.

If they want to be a art major they can pay for that themselves.
Posted by SoulGlo
Shinin' Through
Member since Dec 2011
17248 posts
Posted on 5/18/19 at 2:39 pm to
My parents paid my first year tuition, I paid rent, books, food, etc. I paid everything from then on.

I have posted about it before, but this belief that parents pay everything is making our young "adults" soft. I find employees on campus, and I have noticed that there's a stark difference in the mentality of college kids now than even 10-15 years ago. Mommy and daddy covering all the tuition and expenses simply prolongs high school, even if they are paying their own rent. I see more 20-25 year old "adults" that are nowhere near ready to be adults than one's that are.
Posted by nola000
Lacombe, LA
Member since Dec 2014
13139 posts
Posted on 5/18/19 at 2:42 pm to
quote:

It was tough just to get tax returns from my dad to show I had a financial need so I could get pell grants/loans


This. My my dad was a drug addict and my mom would never pay for shite for me but she sure as hell kept filing me on her taxes so I couldn't meet the two year minimum of self-sufficiency in order to qualify for FAFSA grants and private student loans even though I had been living on my own and supporting myself for years.
Posted by GreatLakesTiger24
Member since May 2012
60663 posts
Posted on 5/18/19 at 2:44 pm to
quote:

I have posted about it before, but this belief that parents pay everything is making our young "adults" soft. I find employees on campus, and I have noticed that there's a stark difference in the mentality of college kids now than even 10-15 years ago. Mommy and daddy covering all the tuition and expenses simply prolongs high school, even if they are paying their own rent. I see more 20-25 year old "adults" that are nowhere near ready to be adults than one's that are.
your claim that kids are softer know, which is probably true, has nothing to do with parents paying their way through college.

If anything, I bet less parents are paying their kid’s way than in previous decades because it’s so much more expensive these days and people’s values have changed (in a bad way).
Posted by Geauxtiga
No man's land
Member since Jan 2008
34401 posts
Posted on 5/18/19 at 2:46 pm to
quote:

parents have the right to have their own lives when kids are that age...
I don’t view it as having to be one or the other and didn’t realize there was an ending point, so-to-speak.


I guess that means kids have a right to their own life too so remember that when they stick you in a nursing home, later.
Posted by MWP
Kingwood, TX via Monroe, LA
Member since Jul 2013
11057 posts
Posted on 5/18/19 at 2:48 pm to
GI Bill
Posted by ItTakesAThief
Scottsdale, Arizona
Member since Dec 2009
10749 posts
Posted on 5/18/19 at 2:48 pm to
It’s the governments responsibility. Duh
Posted by LouisianaLady
Member since Mar 2009
83032 posts
Posted on 5/18/19 at 2:48 pm to
Are they obligated? No. Would I if I had children? Absolutely.
Posted by Rouge
Floston Paradise
Member since Oct 2004
138531 posts
Posted on 5/18/19 at 2:49 pm to
Want children?

Owlie needs to know
Posted by nola000
Lacombe, LA
Member since Dec 2014
13139 posts
Posted on 5/18/19 at 2:54 pm to
quote:

No but if you can I think it’s admirable


There's nothing admirable about giving somebody a free ride. How can so many of you sit here and complain about the welfare state enabling laziness in the lower classes and then turn around and pass along that same sentiment and lesson to your kids?

Granted, if your kid is already really fiscally responsible, mature and knows what they want to do with their life but you don't want them racking up the debt and wasting interest payments to a bank, then that's different. But how many 18 year old adults actually meet that criteria?

I'm going to instruct my kids, throughout all their upbringing, to experiment with lots of different hobbies and take on lots of little side jobs in different industries to try to figure out what their passions are and then chase those passions through whatever avenues are available to them.

If they show a penchant for for building things or crafts maybe they go to trade school and go to work for a small business as a trim carpenter or maybe they are entrepreneurial and hard-working so they save their pennies can start a cabinet shop or or maybe they go to four year college and major in Business Administration with a construction management minor and take a position for large public bid contractor.

Your job as a parent is to provide opportunities and advice not a blank check. They'll value their education and path in life much more if they do it on their own and that includes paying their own way. There's a valuable lesson in that. They'll come out on the other end with a much greater appreciation for what they've built.

If my kids decide to chase some career opportunity, whether thats loans to start a small business, loans to go to trade school or loans to go to four-year College, and I have the money, I would probably act as a bank for them. But I would make sure they would still have to pay me back, not because I'm greedy or because I want the money but because I want them to take ownership of it and I don't want them to have to be a party to usury
This post was edited on 5/18/19 at 2:58 pm
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
44863 posts
Posted on 5/18/19 at 2:56 pm to
quote:

I've saw


You shoulda gone to college baw.
Posted by saderade
America's City
Member since Jul 2005
26390 posts
Posted on 5/18/19 at 2:57 pm to
quote:

I know I’m not obligated to pay for college, but I’ll do what I can so my children don’t start out with 50, 60, 70 thousand in student loans. Grant you they do work during the summer and have part time jobs during the school year. That’s their own money, it helps them learn about budgeting, saving and everyday money matter
This is my plan and if they are screwing off in school I would stop paying tuition immediately
Posted by BluegrassBelle
RIP Hefty Lefty - 1981-2019
Member since Nov 2010
108006 posts
Posted on 5/18/19 at 2:58 pm to
quote:

There's nothing admirable about giving somebody a free ride. How can so many of you sit here and complain about the welfare state enabling laziness in the lower classes and then turn around and pass along that same sentiment and lesson to your kids?


This is silly.

College, these days, will likely cost a student more than they’ll pay for their first house, car, etc. If you’re financially able, there’s nothing wrong with helping a kid with those costs. People have been helping their kids pay for things of that nature for years. This isn’t something new.

“Being soft” isn’t a mentality exclusively supported by helping a kid pay for school. It’s reinforced by not teaching your kid as they grow up the value of money and work. I’ve known plenty of kids (yes, millennials) that are far from lazy who paid for college with help from their families.
This post was edited on 5/18/19 at 3:00 pm
Posted by jsquardjj
Member since Oct 2009
1423 posts
Posted on 5/18/19 at 3:02 pm to
My plan is to require them to take out loans to cover everything, and agree to pay them off as long as they graduate in 4 years. If they mess up and turn it into something else..they can pay back the loans on their own.
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