<p>We're still figuring out how much to go into debt for younger D's college. We have not had to pay much yet for older D's nursing school. We may have about $15K more to pay for her. But younger D...We will probably have about $80K to pay altogether, and we will be able to do about half of that without borrowing. I don't want her to have any more than $15--$20K in debt.</p>
<p>Most of you will go debt free as your are overly spoiled.</p>
<p>right now im looking at $30,000+</p>
<p>Princeton... Nil!</p>
<p>goat4d...just because some go debt free does not necessarily mean that they are spoiled. They may have great scholarships that they have earned or a great financial aid package. As a parent, I will be paying for the little bit left over after all the scholarships...I do not see this as spoiling, I see this as my obligation as a parent. I am pleased to be able to do it to help my son have a good education.</p>
<p>
[quote]
Most of you will go debt free as your are overly spoiled.
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</p>
<p>Sounds like jealousy to me. Someone call the <a href="http://media.urbandictionary.com/image/page/waaaambulance-23284.jpg%5B/url%5D">http://media.urbandictionary.com/image/page/waaaambulance-23284.jpg</a></p>
<p>DH, DD and I are hoping to be debt-free after four years. First year will work out w/no debt but we don't know for sure what the FA packages will look like the next four years.</p>
<p>Debt free! Woohoo! That's what happens when you decide to go to Olin, a school that doesn't charge tuition. w00t!</p>
<p>Boston FTW! :)</p>
<p>I'm debt free because I worked really hard for a fantastic scholarship; otherwise, with a disabled dad and six siblings, there would be no way for me to go to college. Some people should think before they speak (or type).</p>
<p>Debt also depends on the school.
Certain schools don't give great financial aid, so some of the crazy loan numbers are reasonable. I'll owe about $11,000/yr. @ NYU.</p>
<p>How is it a parents obligation to send a child to college, once they turn 18, kick them out of the house and tell them not to come back.Thats what my parents did and what I will do to my children. I wouldn't want my parents money anyway.</p>
<p>goat4d is a troll</p>
<p>But he's also right that lots of kids have to deal with that, even if they aren't ready.</p>
<p>Just b/c they do deal with it doesn't mean that they should have to.
My parents aren't helping me with my college education and it sucks! If parents are financially stable enough to support their kids, then they should. I don't want to hear this "a child must grow up sometime" crap. We're 17 and 18 year olds. know what i mean?</p>
<p>stop being a baby. If you cant handle it, then stay home and go to school locally</p>
<p>Family philosophies vary a lot. One thing that I think is a good idea is for parents to give their kids plenty of advance notice as to what resources are likely to be available for college.</p>
<p>I don't think "zero" is a great answer for families that can afford to contribute at least some of the cost, but some parents may feel figuring out how to get a college degree on their own is a good experience for their kids. With today's college costs, though, that will rather severely limit choices for many students; the old "work your way through college by waiting tables on weekends" doesn't really cut it today where even state school tuition is five figures.</p>
<p>you are 18 your parents obligation to you is over, they have done there job now its time to grow up and do yours. If parents can pay for there child's education then the more power to them, but to make the assumption that it is a requirement is wrong. It is a assumption that is wrong, the same way that it is sometimes assumed in some suburban areas that a parent should buy there child a car. I never got a car, **** I never even got a Birthday present. There gets to a point that parents give there kids more than they need, they become lazy and stop appreciating things. Ive seen it first hand when parents have drove themselves into poverty and made themselves crazy because of the needs of there children. Parents of all economic levels want the best for there children and to make assumptions that things that aren't necessities are needed is wrong and it puts a lot of pressure on parents who cannot afford the more extravagant things in life. Everybody has a different way of raising children, all you can do is the best you believe you can do, but sometimes parents question themselves, just because they want the best for there children.</p>
<p>I am no troll, I just have a different outlook on life than most here. I am not rich, My mother makes 30K a year and my father is a scumbag who left and is addicted to drugs. I don't live in the best of neighborhoods and i live in Bronx, NY. My mother struggles a lot when we were growing up, like i said I have seen first hand what the pressure of 2 sons can do to a woman, who only wants the best. She always put us before herself and she did a great job. She has already done more than enough and It is My turn to take charge and make her life as easy as possible.</p>
<p>^^^ It's 'their'. You must've made that mistake 6 times in your post.</p>
<p>goat4d, I like that you can see what your mom has done for you and that you truly appreciate it. That is awesome! And if you have the ability to get yourself through college without her help, that is great too! But not every 17 or 18 year old has the ability to do that. My husband and I are a middle class family with two boys (by middle class, I do not mean $100,000 a year, I mean in the 50's). We married young and had two boys...we have built are lives together and have tried to provide for our sons. And personally I hate debt and try very hard to never be in debt (except for that pesky mortgage!!lol) They did not get cars given to them and are not spoiled. They appreciate everything we do for them and yes, I sacrifice for them and put them first. I want what is best for them...not just until they are 18...I want the best for them for the rest of their lives. Times are tough economically and I don't want them graduating with a ton of debt...they have their whole lives to get into debt!!! lol Actually, I hope they have learned from me that is NOT the way to live. Four years from now I want my son to be looking for a career...finding the right job and then begin to think about settling down, buying a house..not trying to juggle student loans while trying to get a mortgage, buying a car......the list goes on. </p>
<p>I previously posted that I feel it is my obligation...not all parents feel this. That is my gift to my children, it is not required, I want to do it. Some parents cannot do this for their children and that is why there are student loans. Loans are not right or wrong, they are sometimes the only way that a child can take that next step. Don't hold anger against someone because they do not need loans. Like I said, many of them have gotten great scholarships or have chosen schools that cost less. My son has done both and I will pay for the rest out of money that I have saved over the years just for this occasion.</p>