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Old 11-13-2012, 10:33 AM   #46
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Join Date: Aug 2006
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Originally Posted by yousharenow View Post

I agree with the "earn your keep" mentality, but do you feel no parental obligation to at least subsidize the kids college?
Like I said, I'll subsidize whatever portion loans will not cover.

My parents made the same deal with me, and it worked out pretty well. I also went to a really low tuition school (out of state at WVU was less than most in-state Virginia schools), and got a 100% scholarship midway through my second year.

I was, however, really dumb and kept my student loan money. I'm kicking myself now for not investing it, immediately paying them back after graduating, and profiting the interest. Oh well, lesson learned.
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