Comments on: I will not pay for my children’s college education, part 2

By: j.

j. — Thu, 24 Sep 2009 07:18:20 +0000

I hate to say this, but I have been out of undergraduate school for almost fifteen years and whenever I interview for a job, the first question asked is: “Where did you go to school?” Granted, I am in education, but I know first hand institutions care deeply about the quality of one's education, and sadly that fact does correlate to the college one attends. I know it is not, in truth, as simple as this, but it is still the marker many employers use. I cannot stress this enough: go to the best school you can. It will open doors!

By: j.

j. — Thu, 24 Sep 2009 00:18:20 +0000

By: moored55

moored55 — Wed, 05 Aug 2009 00:59:39 +0000

I have twin girls just entering college. I am supplying a set amount toward college a year. The way I calculate it if they go to a junior college, away from home with all the attendant expenses, for the first two years and then to a state school the next two years, and work 50 hours a week summers, and work 8 hours a week the rest of the year, they should graduate without debt. I will supply a dependable used car. So upon graduation they should each have a decent car, a decent degree, and no debt. Sounds just like my experience, and it worked out for me pretty well. It's also fair, permits them to have a good start if they work hard, and limits my exposure. I'll do something like this for weddings, etc going forward.

By: Jes

Jes — Fri, 01 May 2009 01:58:46 +0000

I understand everything that you said, and agree on your major points. College IS very expensive and, more than likely, its only going to get worse. And parents should do whatever necessary to help instill the love of learning in their children as early as possible, which will only help pay for college in the long run.
However, i do strongly disagree with the statement you made about “hopefully never being a burden to him” in your conclusion. Paying for your childs education at any level, should never feel like a burden. When the financial websites list their “key areas”, one of them will always be “making investments”. When you pay for your childs education, you are MAKING AN INVESTMENT IN YOUR CHILD to help them in creating a better future for themselves.

By: kitchen aid part

kitchen aid part — Tue, 03 Mar 2009 07:50:09 +0000

getting education in college is always cost a big money.we as parent of children should think smartly to pay the fee.

By: car loan modification

car loan modification — Fri, 06 Feb 2009 04:21:21 +0000

If we consider that tuition, fees, etc. increase at the same rate going forward (no sure thing) then a private school tuition for four years will be $42,000 in today’s dollars by the time my son is in college, around the year 2024. ———— what's the basis of this prediction?

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By: moneymonk

moneymonk — Fri, 17 Oct 2008 19:59:43 +0000

College or not, I will try to support them. However, the days of go to school, get a good job, and work for 30 yrs are over.

The Entrepreneur route id more effective, however school does not hurt.

It more important to teach my kids about money, credt and investing more than go to college

By: Glenn Tiede

Glenn Tiede — Mon, 08 Sep 2008 19:35:02 +0000

I'm a college educator (professor of astronomy) and I agree with you completely. I work with students everyday, and the ones that are putting themselves through school are all around better students then the ones who are getting a “free ride” from Mom and Dad. They are better motivated, self-starters, more likely to ask questions and seek help outside of class, etc. Of course there are exceptions in both groups, but this is the general pattern I have found.

I put my self through college, and now that I am on the other side of the lectern, I think it was one of the best gifts my parents ever gave me.

By: chris

chris — Mon, 18 Aug 2008 13:04:23 +0000

I had students loans and worked like heck after college to pay them off quickly. Since coming to Southern California, I am struck by how many kids I have heard say (I teach high school), “I can't afford to go to college, I have no money,” or, ” I can't go to college, no one is going to pay for me.” WHAT?????? Are they kidding? Take out a freakin' loan if you want to go! We don't have a 529 for our kids. I am saving a lot of money, but for our retirement, not for their college. My husband got into a good trade union and makes more money than I will ever make. College isn't necessary, if you find the right path. I have a master's degree and 19 years experience and with the economy in So Cal, I can't get a job – they can hire two people for what they would have to pay me.