<p>"Money is power, and if a parent funding their child’s education chooses to use that as an opportunity to exert influence over the child’s choice, so be it. That influence can range from polite suggestion (“have you considered a more practical minor to complement your major in Underwater Etruscan Basketweaving?”) to conditional funding (“only four years”) to ouright control (“we will only fund Major X at Prestigious U”). There are both short term and long term consequences to such decisions, for parent, for child, and for the relationship between them.</p>
<p>What to my family makes no sense at all might work perfectly well for someone else. And vice versa."</p>
<p>Very well said, that pretty much sums it up. I personally think that if I am going to pay $220K+ on education, it had better be what I consider “worth the money”. Many people are delaying retirement, working extra, loading up on debt to have the best college experience for their kid. If my kids thought the best “fit” for them happened to be a heavy partying, sports heavy, non-intellectual school, with low internship rates, a poorly rated school where they can skip class all the time and lie on the beach…not with my money. Thankfully part of the mix in what they think is a good “fit” is great job and internship opportunities, very motivated student body and the best education you can get for your money. Along with all the rest of it, feeling like they belong and would be happy there. Because really, if you just want to lounge around and party for 4 years, why also spend hundreds of thousands of your parents, (or your) money?</p>
<p>Sure, you can have a great warm fuzzy feeling at a school where some of your friends are going, where the kids don’t work very hard, and you can just spend years “finding yourself.” But at the end comes the reckoning. And your major, your school, your internship experiences, how you did—counts. If you can have that, and a great experience where the fit feels right, why not? There’s more than one school that works for most.</p>
<p>Parents know their kids, and they can guide and advise them without threatening or forcing them to do things, at least most parents can. I’ve listened to some seniors talking dreamily about their basket weaving majors at a low rated school, and how much fun they had…and I wonder, what economy did they think they were graduating into? What a surprise is coming for them after graduation, debt and no job, unless Daddy or Mommy owns a great company and they have a guaranteed job. My opinion is parents, if it’s your money, your debt, you have a BIG say in how it is spent. And you can influence without demanding.</p>