Quote:
Originally Posted by Exile
....., please let them know as early as possible, i.e. when they are still in elementary school. The least you can do is contribute by working with your kids in seeking scholarships and other forms of financial aid. From the time I was in grade school, my parents led me to believe that they would fund my college education. But right after I graduated high school they informed that they weren't going to assist me after all. They had never put away money for this purpose. They just thought they could improvise when the time came.
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I want to second this tell them point. Not just in elementary, but whenever you get the chance, 1, 3, 5, or 11, 13, 15, or 21, 23, and 25. Whatever, tell your kids what the deal is, while I understand understating your monetary availability, ala Missouri, I do not understand overstating it.
Regardless of your financial situation honesty is always a good policy. IMO