Quote:
Originally Posted by Johnny199r
I graduated with two degrees in 2008 with no debt. I was frugal as hell and worked hard. I won't pay for my kid's tuition. I might consider it if tuition was expensive as U.S schools, but it's not. I see no reason to pay for a kid's school. They can earn it.
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I graduated university in 2004 with no debt. I worked as a server/bartender throughout, took an extra job in the summer and received scholarships. I don't want kids, and thus won't have to pay for them.
That said, are you kidding me? Look at the difference a person can make when they have a university degree, versus one that doesn't. It's a huge number. It's not like tuition is a car or a trip to Europe. Those you should definitely make the kid work hard for, but it's okay to help out too. If your kid is making choices on whether to go to school or not based on the cost of tuition, they might bypass the education. The longer you are out of school, the harder it is to go back. They might get a full time job to pay for tuition, but then have no time to study. Hopefully you like your kids, because they might be staying with you for the long haul, or boring off you in the future.
As a parent paying for tuition, you would then be eligible to claim their tuition credits on your income tax return. My parents wish they could have helped me out with my tuition, but they didn't have any money. My brother has two young kids, and makes far less than I do. I've already told him that I will pay for both to go to university. I have it set up in my will that if I die, their tuition is covered with a trust. I couldn't imagine telling my child that if he wants to go to school he has to cover it himself or he can't go. I'd rather they were worried about their midterms, than about paying rent or loans.
Dad, can I have some money for tuition?
Go fack yourself and get a job.
I'm trying to, but I don't have the education to get one.
Too bad. Earn it.