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Old 12-07-2011, 09:24 AM   #1
Clodfobble
UNDER CONDITIONAL MITIGATION
 
Join Date: Mar 2004
Location: Austin, TX
Posts: 20,012
Dear parents,

There are cheaper schools out there. They give full academic scholarships to even the richest kids. The quality of one's education is what one makes of it, and working to pay off your own college costs makes one party less and appreciate the classes more. You shouldn't drop your life savings on their "dream school" any more than you should buy them their brand-new "dream car" the day they turn 16. In-residence state schools FTW. IMHO. YMMV.

Love and Kisses,
Only Got A Few Hundred Bucks a Month To Help With Rent
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Old 12-07-2011, 10:18 AM   #2
glatt
 
Join Date: Jul 2003
Location: Arlington, VA
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Quote:
Originally Posted by Clodfobble View Post
In-residence state schools FTW. IMHO. YMMV.
They used to be a bargain around here, but not so much any more. Now the only inexpensive schools are community colleges. Seriously considering community colleges for our kids though.
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Old 12-07-2011, 10:37 AM   #3
Spexxvet
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Join Date: Dec 2005
Posts: 10,346
Our policy is to pay the first year family contribution for each kid. The rest is on them, except that we'll buy the books. They'll have some "skin in the game", not waste their time in college, and choose a school more wisely.
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