Do you feel an obligation/responsibility to pay for your LO(s) college?
Do you feel an obligation/responsibility to pay for your LO(s) college?
GOLD / wonderful pomegranate / 28905 posts
No, no and no. We want to help but we have no intentions of paying for all of it.
GOLD / squash / 13576 posts
Not sure if it's an "obligation" but we plan to pay for LOs education.
cantaloupe / 6630 posts
No. Our parents didn't pay for ours, and mine didn't contribute at all. I want to contribute to her university education, but I'd still like her to get a part time job through it - mine did me the world of good!
blogger / wonderful cherry / 21616 posts
I don't feel an obligation, no. Right now I am working very hard, and have been the last several years, to finish my education and pay for it all out of pocket and this challenge has made me a better person and much more financially wise. Sure it would have been nice to be done with school years ago but I don't blame my parents.
I would like to help with LO's education if I'm able but I do not feel obligated to. He will be an adult.
pomelo / 5820 posts
I don't feel obligated, but we would love to help as much as we can. I have student loan debt for days. I want to help him avoid that burden. Hopefully, we'll put enough in his 529 to put a big dent in his tuition bill.
papaya / 10343 posts
No. If we're able we will certainly help, but I don't feel like it's an obligation. Also I don't think we'd pay for the whole thing regardless. I think having to work in school makes you appreciate it more and take it more seriously.
GOLD / wonderful pomegranate / 28905 posts
@Mae: agree. I think being able to go to college is a privilege. A lot of kids in this country don't realize that and don't take college seriously enough because it's all paid for as they drive around in their Cadillac SUVs! Blegh.
pomegranate / 3003 posts
Not exactly. I plan to do my absolute best to finance as much as my husband and I can realistically save for and manage, down the line. I will help steer my children towards scholarships, work study, and grants, if applicable. If they have the grades, I will also strongly encourage prestigious, public universities. I have no intention of letting my children make blind, financial decisions at the age of eighteen, but tuition is climbing, and they'll likely have to help a bit.
wonderful pea / 17279 posts
I don't, but my husband does. I hope our children qualify, apply, and receive scholarships to off set the costs.
pear / 1610 posts
No, we would like to help with some costs, but we won't be paying for it all. There is no way we could afford to pay for it all, but we will help where we can.
blogger / wonderful cherry / 21616 posts
@Mae: agree. Even if I have the finances, I won't pay for my child's education in full. And I may have a stipulation that they do work study or other PT job.
@locavore_mama: I agree it is a privilege and it is important they realize and understand that.
blogger / wonderful cherry / 21628 posts
I don't feel an obligation, but I intend to save money for college. It would have been nice to get a little help from my parents. Hopefully any kids I have will get scholarships. If so I will put the money I saved towards a wedding or give them some to contribute to a down payment for a house.
nectarine / 2272 posts
We want to. We both struggled so much. We paid for grad school out of pocket but we'll be paying undergrad for years to come :(. I would want to help my child(ren) anyway we can
GOLD / watermelon / 14076 posts
We don't feel obligated to pay, but we'd like to pay for as much as we can. My parents paid my tuition and I worked to pay my rent and other living expenses, so I'd be ecstatic if we could do something similar for her.
wonderful cherry / 21504 posts
We plan to pay for all of it- of course knowing that situations change and it's going to be a ton of money. Our parents paid for our undergrads and we started out as adults debt free, which is amazing. I think we are both financially responsible. We will do everything in our power to give C and future littles ones the same opportunity.
hostess / papaya / 10540 posts
Maybe obligated wasn't the best word choice, but interesting to read all of these responses!
squash / 13764 posts
Yes, in a way. I would feel incredibly guilty if we couldnt pay and as a result Lo couldn't go to a school of his choice. I view paying for schooling up thru undergrad as our responsibility as long as we can afford it.
coconut / 8483 posts
I kind of do. We plan to fully pay for it. However not provide spending money. DH and my parents paid our tuition and we paid for spending, books, parking etc. It is amazing to start out of school debt free!
nectarine / 2932 posts
No, my husband never went and I never finished. I would be thrilled if our LO's went to college, and we will help as much as we can. But we won't feel obligated to pay for it (because unless we won the lottery - there is no way we could afford it).
coconut / 8475 posts
I don't feel obligated, but I will do anything I can to make that possible. I feel about it the same way I feel about anything for my child. We will do our best to do it for him, but if I just cannot, then I cannot.
My parents personally could not afford it. My sister and I were in college at the same time. We ended up getting full rides after going to private schools all our lives and studying with our parents every night. They provided us with cars and gas and laptops to help us get through college easier. That's all they could do. I love them for it. They set us up very nicely for college, even though they couldn't actually pay for it. I don't think they felt obligated, they just thought it was just as important as anything else. I guess I share that way of thought.
ETA: I was 100% on my own for grad school. And yes, they expected and almost demanded grad school even though they couldn't pay for it. I did it because I wanted to, and also because I wanted to capitalize on all the hard work my parents went through with me and my education.
persimmon / 1096 posts
No. We have a 529, and between my husband's contributions out of each paycheck and some enthusiastic grandparents, I think there will be a nice dent in LO's college costs... but even if we have the means, I want him to take out a basic loan every year to build credit and have some "skin in the game." I'd also like lots of kids eventually (like, between 3-5) so paying for college in full for all of them is not realistic.
coconut / 8234 posts
I do feel a responsibility to help pay for college (we can't afford to pay for a full college education unless she was to go to a city/state school) because of my own experience. I'd like her to work hard and get scholarships to help pay for it along with the money we save up. The way things are going now I will be done with my loans by the time she is a sophomore (which is why I am overpaying right now so that I can be done before she goes to college). I don't want her to start off her adult life with this large number looming over her head. I wish I had been taught about finances and loans and all that jazz when I was a teenager, but I wasn't.
So, yes, I feel a responsibility--I think a lot of people want to do better than what they had, at least people who grew up in low-income families like I did. I want her to have more than I had--and for me that also means helping to fund her college education.
eggplant / 11824 posts
Yes, I feel a sort of obligation. We both believe that college (and likely, more than just a BA/BS) is expected, so I feel that I have an obligation to help LO with the huge expense of college.
I guess I just feel the same way about saving for college as I do for daycare costs; it just is one of the costs of having children, so even though we don't have a ton of money, some goes to college savings each month.
GOLD / wonderful apricot / 22646 posts
I don't feel an obligation, I want to! We do expect college degrees as education is a high priority in our households (both us and our parents, etc.). I feel lucky that we're able to save towards their college. My parents WISH they could have, but they worked their asses off to get me TO college and I'm forever grateful to have had the opportunity to go, because of that I'm able to provide our kid(s) an even greater advantage.
coconut / 8430 posts
Not sure if I feel obligated but our plan is to pay for as much as possible.
eggplant / 11408 posts
Yes. I would rather pay for college than have a nice house, nice car, nice vacations, etc. Education is very important to us.
bananas / 9899 posts
Not an obligation really, but I would pay for it.
DH's parents gave him something much more valuable. They helped him when he started his first business when he was 14. His dad spent a lot of time teaching him how to work and manage his own business and they funded his first expenses. Because of that he was able to buy his own car, pay his own way through college and save his own down payment on a home. It also helped him grow into a much more independent and successful adult. I'd like to do something similar with our kids.
What I really feel I am obligated to do is give my kids the best possible start in life. I don't think that necessarily has anything to do with paying for their college.
GOLD / wonderful coconut / 33402 posts
Not at all.
We will help with what we can. But if then have to get loans, they get loans. I had loans and they were paid off in ten years.
kiwi / 661 posts
I don't feel an obligation, but my parents paid for zero and I came out with 6 figure debt (6 year professional degree). I will do everything in my power to set my children up to avoid that. It has been overwhelming.
hostess / wonderful grape / 20803 posts
Yes. Our parents paid for our undergrad educations so it feels like a "pay it forward" scenario
blogger / honeydew / 7081 posts
Nope. We will help if we can, like our parents did. We will save up for her though.
pomegranate / 3565 posts
Obligated to pay all of it? No. I would like to contribute and help pay for part of the cost. I agree that you value it more if you contribute to paying it. I don't think there is anything wrong with getting school loans.
I live in an area where the public schools are not the best so we will be putting our children in catholic school. After paying for PK through 12th grade of that, we will do what we can. I'm sure that all of that tuition equals the cost of college and probably more.
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