flyfishnevada
Full time employment: Posting here.
I have done a little poking around on here and it seems that a lot of folks are paying for their kids schooling. I have two teenage boys myself and understand the astronomical costs myself. We chose a different route. We entered our state's pre-paid tuition program when our kids were 2 yo and and infant. Because we got in early, we pay only $110 bucks a month and are guaranteed full in state tuition for 4 years of school or the equivilent applied towards a tech school or out of state college. We used to think that we would pick up the rest (books, fees, dorms, food, etc) or pay out of state costs.
Then we kind of thought about it and asked why? Why are we paying for our adult children to go to school and to theoretically get out and get a great job making a lot of money? Why would we spend tens or hundreds of thousands of dollars of our money? Our answer was we shouldn't. We still contribute to the prepaid tuition (my advice to anyone is to get into a program like that), but we have been telling our kids to expect to pick up the rest. Of course, if they need a little help her and there we will be there, but don't expect us to pay your way. Considering the options for getting additional money for school (scholarships, grants, loans, military, jobs, etc.) they should not have too much trouble doing it. I think the lessons learned and the sense of ownership and pride that will instill will far out weight the financial obligations they will incur.
Are we really out on an island here? How many folks on here are doing something similar? How many have RE because they didn't pay for that education? Just wondering. I totally understand wanting to pay and don't judge anyone for doing so, just curious if not paying was considered?
Then we kind of thought about it and asked why? Why are we paying for our adult children to go to school and to theoretically get out and get a great job making a lot of money? Why would we spend tens or hundreds of thousands of dollars of our money? Our answer was we shouldn't. We still contribute to the prepaid tuition (my advice to anyone is to get into a program like that), but we have been telling our kids to expect to pick up the rest. Of course, if they need a little help her and there we will be there, but don't expect us to pay your way. Considering the options for getting additional money for school (scholarships, grants, loans, military, jobs, etc.) they should not have too much trouble doing it. I think the lessons learned and the sense of ownership and pride that will instill will far out weight the financial obligations they will incur.
Are we really out on an island here? How many folks on here are doing something similar? How many have RE because they didn't pay for that education? Just wondering. I totally understand wanting to pay and don't judge anyone for doing so, just curious if not paying was considered?