Re: Are you planning to help your kids go to college?
At one point we had three in college; two of our children and me. I went back at 40 to get a degree in BA. Did we pay? Yes, for most of it. We funded them to get started, we paid for things their grants and loans wouldn't. Our son spent $10,000 in one year at a college away from home - he partied all the time and got seriously bad grades. His Dad yanked him home, had a talk, and he went to the tech college next fall - helping to pay for extras with a part-time job. Grades were much,much better, and he will tell you that paying for some of it made him realize he'd better be serious. We paid for our daughter's education (two + years) until she decided she had to get married; they got loans after that.
|