Curious, how far does that go. Do you say, I'll pay for a local school, live at home or I'll pay X amount toward school?
I mean many schools are higher than people make in a year.
One could also argue that because schools are more than one could make in a year is a reason to help their children with college.
I suspect our family is like many who want their children's Iives to be better than their's.
College was much more affordable in the late 80s than today. One could work their way through school. Dh did. And I did through 3 years.
For our 4, we told them scholarships would be they way to go to universities. They got 4 year full ride scholarships. Oldest also got his masters paid for. We felt like we won the lottery, as we know full scholarships are not easy to get.
Our 2nd son is in a doctoral program for pharmacy. Graduates in May. Hopefully, he'll find a job. But he will have about $75,000 in loans for these last 3 years.
We have helped with living expenses, cars, insurance, cell phones and continued family health insurance and paid medical bills.
And are thankful we can.
3rd son wants to be a physician. He's living back at home and working 60 hours plus as a tech in an ER to save $ as he applies to medical school. When he gets into med school, we'll continue to do the same as the 2nd son.
Our daughter is still in school and we cover the same as above.
Had scholarships not been available to them, we have good community colleges and some trades in our area. And there are many from our family who have gone into the military.
They knew their options growing up.