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If money wasn't an issue, would you pay for your LOs education?

  1. woodentulip

    persimmon / 1379 posts

    I would, yes, and plan to (hope to!) for my kids. Both my DH and I had university (and grad school for me) covered by parents. It wasn't seen as a 'handout' to us, but instead an opportunity for US to pay for our children's college at a time in our lives when we would (hopefully) have an income to support an education, instead of weighing down a young person with debt so early in their life.
    So it's kind of like we will pay for education in our lifetimes, but just not our own, you know?

  2. HLK208

    pineapple / 12234 posts

    @locavore_mama: same. I was the youngest of 4 girls and my parents paid for my sisters educations (undergrad) but ran out of the means to do so when it was my turn. Honestly, my sisters are super entitled. I worked my butt off to go to school and had to pay as I went.

  3. MoonMoon

    pomegranate / 3392 posts

    If I could afford to pay for all of his schooling so he could have an idyllic college experience and not have to work or take on debt, yes I would! Working is important, but he'd have the rest of his life for that. I don't think of college as merely a means to a job, but an important facet of life on its own.

  4. yellowbird

    honeydew / 7303 posts

    @littlek: if money was no object I would absolutely pay for it!

  5. blackbird

    wonderful grape / 20453 posts

    You bet. I can't imagine having the funds and opting not to for the sake of a lesson. Provided they are doing well and working hard, I have zero issues with paying for it, if I am in the position to! Show you appreciate it by kicking ass and setting yourself up for a good and stable future. That's all I ask. College is not ALL work. A little fun is allowed I certainly partied a little. And I'm doing pretty well

  6. Baby Boy Mom

    pomegranate / 3983 posts

    If we had the money, definitely. DH and I both grew up in families where education was first priority.

  7. birdofafeather

    pineapple / 12053 posts

    if we have the money, absolutely. it was a gift our parents gave both DH and myself and something that we will always be grateful for.

  8. CupQuakeWalk

    coconut / 8475 posts

    @HLK208: this scares me a lot. We plan to have about 4, all close in age. I can't imagine having all of them in college at once. We will do all we can do so that the first 2-3 aren't totally entitled in comparison to the youngest. I hope they get good grades;) And who knows, we may never have 4 (and if we do, they may be more spaced out than i'd like).

  9. lovehoneybee

    GOLD / wonderful pea / 17697 posts

    Neither D nor I finished college, and it's hurt us now. If we can afford to pay for E's college, we absolutely will, in a heartbeat. I don't want him to ever have to struggle the way we have.

  10. keepcalmcarrie

    persimmon / 1096 posts

    @hellocupcake: I love that idea, if we have the means once LO graduates (which seems so far in the future, but will probably be here before I know it)!

    Even if money was not an issue, I would want LO to take out a small loan each year. My parents paid for almost everything, but still had me take out a loan to get some credit history and make sure I understood that this was an investment in my future as an adult. There's nothing wrong with paying for your child's education in full, but I like the way my parents did it and it's what I plan to do as well. Plus, as I mentioned in the other thread, I hope to have 3-5 kids - and bringing them into the world is more important to me than being able to pay for their college education in full. They can all sit around in a big, poor, but hopefully happy group and complain about cheapskate Mom later

  11. cyndistar3

    pomegranate / 3980 posts

    @Smurfette: I agree with this! I would have to know that it is really what they want and they would have to be serious about it.

  12. fancyfunction

    grapefruit / 4085 posts

    Yes, I would absolutely like to do this. I was fortunate to have my parents pay for my schooling and I am definitely grateful to them for that.

  13. sunny

    coconut / 8430 posts

    Yes absolutely. Honestly I didn't have time to work when I was in school. I know a lot of people want their kids to have part time jobs and I don't know how that would have been possible for me. I did work when I wasn't at school though.

  14. LovelyPlum

    eggplant / 11408 posts

    @chopsuey: @CupQuakeWalk: yep!

    We will pay as much as we can. If we could pay 100%, we would. But they'd work part time and be required to apply for scholarships, too. I would give up a heck of a lot to be able to do so.

  15. LovelyPlum

    eggplant / 11408 posts

    @HLK208: @CupQuakeWalk: I'm the oldest of 5, all close together, and my parents helped us all as much as they could. We all have loans, we all worked, but we were also all given an incredible gift with how much they paid. Just wanted to chime in and say that it is possible to pay for the first without them feeling super entitled.

  16. Mrs. Lemon-Lime

    wonderful pea / 17279 posts

    Even if money were no object I want my children to contribute to their education via applying and receiving scholarships.

  17. avivoca

    watermelon / 14467 posts

    I would not. Like @Mrs. Lemon-Lime, I want them to contribute to their education via scholarships and work-study programs.

  18. Kimberlybee

    grapefruit / 4997 posts

    Yes, I plan on helping LO as much as I can in regards to higher education but fun money and shopping money is another story. I had to pay my own way with everything: car, car insurance, rent, gas, food, school, etc... it was so stressful! I wouldn't wish that on any kid.

  19. Rainbow Sprinkles

    eggplant / 11287 posts

    If we could afford it, still no.

    The whole concept is rather foreign to me because my parents only paid for about 15% of my education and out of all of my friends at college, only ONE of them was having their schooling paid for.

    If we could afford it, we would cover about 75%.

  20. shopaholic

    bananas / 9973 posts

    Yes. Absolutely.

  21. BSB

    hostess / wonderful apple seed / 16729 posts

    If they are a good student and pass their classes, sure/maybe. But I would hope that they wouldn't expect the college money. I don't want them to think they are entitled to it and could possibly take it for granted. Maybe they are good kids and won't. But I still think that had I friended the wrong type of crowd, I might not be where I am. I still like being able make them work for it. So I think telling them that college will be paid for as long as they put the effort and work into it.

  22. lamariniere

    pineapple / 12566 posts

    I definitely would. I don't want my kids to be saddled with debt.

  23. loveisstrange

    pineapple / 12526 posts

    Yes. Student loan debt is ridiculous, IMO.

    And having to get yourself through it doesn't mean you'll appreciate it. I took out tons of loans, did work and learn, and worked 30 hours a week all the way through college and still blew it off. I was young and stupid and am paying for it now that I'm older and smarter.

  24. BSB

    hostess / wonderful apple seed / 16729 posts

    @locavore_mama: I agree with some of your statements. Thank you.

    Most of friends had money, but me? Nope. Yeah, I think my friends who had a large portion of the schooling paid off are extremely lucky. For me, I did want to go to college and I knew the only way was to take out loans. There was no way around it. I went to a popular state university but decided not to go to the main campus. I went to a satellite campus so it was smaller. One because I didn't want to be tempted to party and two because I wanted individualized attention. I knew I was paying for my education. (Yeah, it sucked seeing people graduate from college with no school debt and I was jealous of them. I've accepted where I came from and can't fault my parents. They tried hard to provide for us.)

    Also, my parents and sister had to escape from Vietnam and to be where we are. My parents had to learn English and get a job and provide for his family. Life is hard and nothing is a given. So for me, I feel as though you need to pay and work for your schooling. (Also, my dad would laugh in my face if I expected my education to be paid for. He would probably say that he left VN to give myself the freedom/ ability to go to college.) If its school debt that worries some people, it's not going to hurt you much. Lots of Credit card debt is what really hurts you. If you want to talk about debt, there's car loans, too. At some point, we all have some debt. I learned young enough about my bad/stupid college spending habits and I am glad that I had the chance to fix/learn it back then.

    I see that we all have different ideas on when and how much debt your LOs will have because of school. To each his own.

  25. Bao

    GOLD / wonderful apricot / 22276 posts

    If we were really well off then yes. So far, LOs will be paying for their own college.

  26. MamaMoose

    GOLD / squash / 13464 posts

    Yes and we intend to. I actually feel pretty strongly that it's part of my responsibility as a parent to provide my children with a college education and the cost of it is the main reason we will likely only have two children instead of the three I would prefer.

    My parents paid every dime for me to go to boarding school and a private university. They also paid for all my necessities like housing, food, car, gas, etc. I earned fun money working summer internships and babysitting during the school year. I value my education immensely, I worked hard and graduated magma cum laude and had a job on Wall Street lined up before I graduated. Honestly I don't buy into the idea that a child needs to pay for their schooling to appreciate it. If you raise them in an environment where you place a high level of focus on the importance of a good education, that's what's important.

  27. Bookish

    GOLD / cantaloupe / 6581 posts

    @Mrs. Lemon-Lime: I agree. I expect her to try for scholarships and get a job. If we had the money I'd pay for her tuition, but I'd still expect her to cover her own living expenses. I see nothing wrong with her learning to budget and work hard.

  28. mfa_lady

    pomegranate / 3921 posts

    @Smurfette: Exactly this! This is what my parents did. They paid tuition so that I didn't come out with any loans, but for any fun or spending money (and depending on the month with my dad's job, sometimes grocery money!) I worked all through school. It was really the best of both worlds. I'd love to be able to do that for my future kiddos one day.

  29. Dandelion

    watermelon / 14206 posts

    Sure. If I think it's worth it. I want to see good grades and responsibilty in high school. If I can forsee them squandering away college then no way.

  30. edelweiss

    grapefruit / 4923 posts

    yes

  31. Happygal

    pomelo / 5000 posts

    .@mfa_lady: Same! We will work to be able to pay for their undergrad experience. They'll be responsible for their fun money. I worked all through college as well.

  32. looch

    wonderful pear / 26210 posts

    No, we expect that he will finance some portion of his education on his own, whether it is through loans, work study programs or summer jobs.

    I believe that you have to have some skin in the game.

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