Re: College Expenses
There's a danger at only look at worst-case scenarios when choosing between alternatives. We tend to only see the horror stories about college kids who get a free ride from their parents just to waste all their time partying and making a**es of themselves. We also see horror stories about parents who homeschool their kids so they can have total control over a child's beliefs and perspective of the world. Again, these are not typical situations, just situations that make for good media coverage.
In my view, education (and ultimately, earning potential) is a person's most valuable asset and it is highly undervalued in this country. Many (most?) children don't realize that until it's too late, so it's a parent's duty to strongly encourage their children to take advantage of what education is out there. Funding at least part of your child's education shows them your commitment to that goal. If he decides he doesn't want to go to college, fine, you take back his education fund (or transfer it to another child). But at least you gave it your best shot.
|