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re: The wife and I made a difficult decision this weekend

Posted on 8/13/18 at 4:07 am to
Posted by Armymann50
Playing with my
Member since Sep 2011
21919 posts
Posted on 8/13/18 at 4:07 am to
Have an upvote. They should pay for their own education. My uncle sam did help me now and then.
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
56125 posts
Posted on 8/13/18 at 4:10 am to
quote:

They're 18-22, they should be adults.


I agree. For those so adamant about the parents paying for their kid's college, what is your take on investing so much of your money into their education only to have them drop out before getting their diploma? Most of us aren't rich enough to say "oh well, that's just little Johnny being Johnny by not finishing what he starts."

I remember at my freshman, 1970, orientation a speaker saying "70% of the students in this room today will not graduate from college". I'd imagine those numbers are still true today. I was one of the 70%, however, I paid my three years to college while staying with my parents.

I commend the folks who can afford to pay for their kid's education if it doesn't put them in the poorhouse but you shouldn't have malice towards those who can't afford it.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
296328 posts
Posted on 8/13/18 at 4:22 am to
quote:

but you shouldn't have malice towards those who can't afford it.


Or those who expect their kids to learn financial responsibility at that age.

Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40275 posts
Posted on 8/13/18 at 4:45 am to
quote:


I remember at my freshman, 1970, orientation a speaker saying "70% of the students in this room today will not graduate from college". I'd imagine those numbers are still true today. I was one of the 70%, however, I paid my three years to college while staying with my parents.



Your 3 years probably cost less than 3 months today. shite probably closer to 3 weeks at a lot of schools.


I'm not saying people are bad parents for not paying for college 100%, but the notion that "I paid my way through school in the 70s/80s so why can't kids do it today" has basically 0 relevance.

I think we crunched the numbers a year or two back in one of these threads (back when college was less costly than now) and a kid would have to work at least 30 hours a week just to afford SOME costs of living. Not tuition, not fees, and not books.

Paying your way through school like you could 30 or 40 years ago is not possible today.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
296328 posts
Posted on 8/13/18 at 4:48 am to
quote:

Paying your way through school like you could 30 or 40 years ago is not possible today.


My kids did. It's not that difficult.
Posted by ForeverEllisHugh
Baton Rouge
Member since Aug 2016
16189 posts
Posted on 8/13/18 at 5:20 am to
quote:

so our kid doesn't get stuck at LSU


How about you suck this tiger dick, bitch?
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
135997 posts
Posted on 8/13/18 at 5:22 am to
I've never understood parents feeling required to pay for college. Kids are adults at that point, and if you have raised them well, they should know how to handle money, and understand the costs of college and make wise choices about field of study and college location.
Posted by gorillacoco
Baton Rouge
Member since Oct 2009
5326 posts
Posted on 8/13/18 at 5:22 am to
quote:

Did y'all's parents pay for your college education? Mine did, and that's why I'm paying for my kids' college.


My parents didn’t pay for any of our tuitions once we graduated HS. Fortunately we generally did well getting scholarships, but the parents definitely instilled a sense of fiscal responsibility in us that in my opinion was worth more than the cost of tuition.

Let your kids stay at the house if they’re working toward a degree but make it mandatory that they do. Talk them through the whole process of getting a student loan and how they need to invest that money wisely in a degree that will allow them to pay it back. Then help them make a budget and get them started off on the right foot. IMO they will care a lot more about college if they have some skin in the game.
Posted by TBoy
Kalamazoo
Member since Dec 2007
27519 posts
Posted on 8/13/18 at 5:25 am to
quote:

Where do people get the nerves to tell others how to parent


Announce your parenting decisions in a chat forum and you have invited others to tell you how to parent.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
71008 posts
Posted on 8/13/18 at 5:27 am to
My parents offered to let me stay at home while I was in college. They didnt pay for school. I turned out fine.
Posted by olgoi khorkhoi
priapism survivor
Member since May 2011
16332 posts
Posted on 8/13/18 at 5:30 am to
quote:

kids need some degree of adversity in their lives



I sure did. For something to mean anything, I had to scratch and claw for it. Anything given to me was easy-come-easy-go. I pissed away a few chances and then had to make my own way and grew up quick. I’m thankful for all the adversity.

I’m torn on this one. We have a bunch of kids, and could pay for their college, but I’m not sure that’s the right thing to do. I’m also not sure college is necessary. I’d rather help them start a business when they are 18-20 and then if they decide they need or want college, they can pay cash for it. Or maybe they realize that college is for people who want to work for someone else and just skip it.
Posted by TitleistProV1X
Member since Nov 2015
3627 posts
Posted on 8/13/18 at 5:32 am to
Has the OP already said how old his kids are? Has he not been contributing to a 529 account for each of them since they were born? Depending on their age he should already have several thousand set aside for this.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40275 posts
Posted on 8/13/18 at 5:37 am to
Congrats on your special kids. The average person isn't able to make that happen at most reputable 4 year universities.
Posted by ctiger69
Member since May 2005
31030 posts
Posted on 8/13/18 at 5:39 am to
(no message)
This post was edited on 6/8/20 at 3:19 pm
Posted by Cracker
in a box
Member since Nov 2009
19098 posts
Posted on 8/13/18 at 5:49 am to
Good for you! Let them get a loan or do 2 years at community college first join military get the gi bill
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 8/13/18 at 5:52 am to
quote:

Has the OP already said how old his kids are? Has he not been contributing to a 529 account for each of them since they were born? Depending on their age he should already have several thousand set aside for this.




This is what we are doing. There will be enough $ to fund each child for 4 years of in state tuition plus living costs. Above and beyond that is negotiable, but not guaranteed. My parents paid my 1st semester tuition and that was it. I can’t recall a time in college where I did not have 2 jobs. Somehow I made it through.

If the OP doesn’t want to sacrifice his retirement for kids college that’s his right to do so. College is a privilege, not a right. It is certainly not a financial responsibility of a parent to provide for their kids.

Posted by S1C EM
Athens, GA
Member since Nov 2007
11594 posts
Posted on 8/13/18 at 5:56 am to
quote:

Did y'all's parents pay for your college education?


Nope. Not a dime. One was disabled and one close to death; neither could have afforded it if they had been in good health.

I never expected anyone else to pay for my school. I took care of and am still taking care of it today. I consider it an opportunity cost. Screw teaching my kids the idea of entitlement. Frankly, I don't know if I would even push them to get a 4-year degree at this point now, anyway, unless they wanted to go into medicine or law. Better off learning an actual trade.
This post was edited on 8/13/18 at 6:10 am
Posted by TDcline
American Gardens building 11th flor
Member since Aug 2015
9491 posts
Posted on 8/13/18 at 6:05 am to
That’s not a difficult decision at all. The military exists.

Hell, they can even do reserves. College is paid for
This post was edited on 8/13/18 at 6:06 am
Posted by Dam Guide
Member since Sep 2005
16540 posts
Posted on 8/13/18 at 6:06 am to
Lots of silver spoon douche canoes in here. Don’t listen to them. Lots of these people send their kids to college for worthless degrees.

Your kids can easily work and pay their way to a community college. No need for them to go to a 4 year off the bat. Make sure they get into a program that transfers fully to a 4 year though if that is the track they eventually want to take, lots of 2 year CC programs won’t transfer jackshit over so avoid that. Help them where you can, you don’t have to pay everything.

Same track I took and I graduated Magna Cum Laude in EE. Had a bit more drive about my education than a lot of my peers since I paid a lot of it.

You could also move them to Tennessee, we have free CC now.
This post was edited on 8/13/18 at 6:07 am
Posted by GeauxxxTigers23
TeamBunt General Manager
Member since Apr 2013
62514 posts
Posted on 8/13/18 at 6:14 am to
My plan is to have the kids take out loans for college. If they graduate then I’ll pay off the loan. I they frick around and fail or drop out then they’re stuck with it.
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