Quote:
Originally Posted by darklord700
A noble notion that is hardly practical in reality. What is the incentive for people to contribute to their kids' RESP if they know that their tuition will be borne by other taxpayers?
I grew up middle class and I'm also middle class now. Grades aside, the notion that's deeply ingrained in me is that if my folks can't pay, I can't go to college. And if I can't pay, my kids don't get to go go college neither. And there're a lot of subsidies, grants and loans that would help eligible students finishing their degrees. Maybe they'll need to work a few shifts at Walmart during their college years but that's just life. There's no free ride.
Like I said before, my kids and I are probably gonna benefit from this unnecessarily but I still don't like this.
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That sentence right there is where we differ. I took out and paid off an enormous amount of student loans and (now that enough time has elapsed) I'll say that I also worked a lot at the same time. Its not like I don't understand the significance here, its just that money shouldn't be a barrier for smart children to advance.
Yes, there are student loans, but don't kid yourself. Students gaduating with tens of thousands in debt are at a large disadvantage to students coming out debt free. I know - thats life. I just think that as a society trying to discourage that from being a reality is a lot smarter.