Parents to college kids: Live at home, get a job

[Samson]

Parents are doing whatever they can to send their kids to college without leaving them drowning in debt upon graduation.

So, I'm thinking about getting a degree and moving back home with my parents. This seems to be the best corse of action now that I'm almost 50.

Not sure where my kids will live, but I'm sure they'll be OK.

Anyone have a problem with this?

 

[TheOldSchool]

I lived at home for my last nearly 2 years of undergrad because of money. Now I have no debt and can help my sister and cousins with their tuition. It's a very smart idea if you're parents are okay with it.

 

[WorldWatcher]

So, I'm thinking about getting a degree and moving back home with my parents. This seems to be the best corse of action now that I'm almost 50.

Not sure where my kids will live, but I'm sure they'll be OK.

Anyone have a problem with this?

Nope, if your 50 and unable to take care of yourself and mommy and daddy will take you back so you can go to school and get an education...


......... That's between you and them.


..................Good luck.


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[MeBelle]

Parents are doing whatever they can to send their kids to college without leaving them drowning in debt upon graduation.

So, I'm thinking about getting a degree and moving back home with my parents. This seems to be the best corse of action now that I'm almost 50.

Not sure where my kids will live, but I'm sure they'll be OK.

Anyone have a problem with this?

I would if I were your mama and you brought home octopus!

 

[WorldWatcher]

Parents are doing whatever they can to send their kids to college without leaving them drowning in debt upon graduation.

My wife and I have two children who will graduate college this May with significantly less amounts of debt then their peers. The reason is we planned early and each contributed towards their own education in their own way.

1. When the kids were very young we participated in our State's prepaid college education program - purchasing two years at a University for each.

2. Our daughter used one year and because she busted her ass in High School and excelled her Freshman year then earned a full tuition scholarship that included a stipend toward living expenses, she'll graduate with her BS in Mathematics and only $20,000 in debt (about 1/4 of what is normally expected these days). In addition to the stipend, she's worked part-time as a research assistant for extra $$$. She decided to go away for college so with school expenses and living expenses she's done very well. She already has a job aft er graduation.

3. Our son took his 2-years at a University and stretched it out to 3-years of education by attending a local community college and then transferring to the University after 2-years. He's worked part-time and lived at home to earn money and save on expenses. He's graduating with a degree in Information Technology and has $20,000 cash sitting in the bank (after paying for his own senior year). He's currently completing an internship at a web hosting company which has a high probability of leading to employment.

4. When our kids were in high school we sat down and had a frank discussion over financing college, we said we'd help but they were going to have to find a way to chip in. That college, from the Mommy/Daddy perspective was not going to be a free ride and they would be expected to chip in. Both kids were working by the time they were Juniors in High School with some of the money being put away for college.

5. Part of that discussion was to point out, they could get a degree in any field they want - but Mommy & Daddy decide how our money is used. If they wanted a degree in Classical European Literature or Sociology - have at it, but they were on their own. If we were going to help pay for the degree (through the money we were contributing), they would have to show us that it was a degree leading to employment. They did.

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Parents that wait around until their kids are Juniors in High School to decide how to pay for college are setting themselves up for a rude awakening. That path leads to (IMHO) the most debt and the most cost for college.

If you plan early, like when the kids are 1-2 years old and either participate in a prepaid program or a College Savings Plan Program (kind of like a 401K) you can make life much easier.



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[Dont Taz Me Bro]

I left home at 17 and put myself through vocational school, undergrad, and then eventually graduate school.

But I am the exception, not the norm.

 

[WorldWatcher]

I left home at 17 and put myself through vocational school, undergrad, and then eventually graduate school.

But I am the exception, not the norm.

Similar here but the military was my vocational school. Joined the Navy at 18 and became an Aviation Electronics Technician. Started undergrad when I was 24, with deployments and such that took 9 years. Luckily I was on shore duty when I did my graduate work and finished that in just over two years. A year and a half after finishing my graduate degree I retired from the Navy and joined the civilian workforce.

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[rdean]

Parents are doing whatever they can to send their kids to college without leaving them drowning in debt upon graduation.

So, I'm thinking about getting a degree and moving back home with my parents. This seems to be the best corse of action now that I'm almost 50.

Not sure where my kids will live, but I'm sure they'll be OK.

Anyone have a problem with this?

You sound kind of selfish. It's one thing helping people when they need it and another to make fun of people who could use that help. When teamwork became "socialism" is when Republicans finally destroyed America.

 

[Noomi]

Parents are doing whatever they can to send their kids to college without leaving them drowning in debt upon graduation.

So, I'm thinking about getting a degree and moving back home with my parents. This seems to be the best corse of action now that I'm almost 50.

Not sure where my kids will live, but I'm sure they'll be OK.

Anyone have a problem with this?

I guess that American parents are happy that their kids go to college but don't give a shit about the mountain of debt that builds up after they graduate?

What wonderful parents Americans must be!

 

[Book of Jeremiah]

Parents are doing whatever they can to send their kids to college without leaving them drowning in debt upon graduation.

So, I'm thinking about getting a degree and moving back home with my parents. This seems to be the best corse of action now that I'm almost 50.

Not sure where my kids will live, but I'm sure they'll be OK.

Anyone have a problem with this?

Isn't that how we got the last generation of Lazy Liberal progressives? I don't think so. Let them work their way their school and support themselves. It is a poor specimen that cannot handle the pressures of adversity. - Jeremiah

 

[Book of Jeremiah]

Parents are doing whatever they can to send their kids to college without leaving them drowning in debt upon graduation.

So, I'm thinking about getting a degree and moving back home with my parents. This seems to be the best corse of action now that I'm almost 50.

Not sure where my kids will live, but I'm sure they'll be OK.

Anyone have a problem with this?

You sound kind of selfish. It's one thing helping people when they need it and another to make fun of people who could use that help. When teamwork became "socialism" is when Republicans finally destroyed America.

Teamwork? Since when is a parasite living off the efforts of someone else related to them considered "teamwork"?

- Jeremiah