Can you weigh in on my question below?? My step-daughter is a college freshman at the University of New Hampshire. She made honor roll several times in HS but took more of an easier path than take AP and honors courses despite trying to encourage her. She is intelligent but I feel I need to encourage and push her this time since the cost is high for out-of-state tuition and she is not much of a go-getter or joiner (she refused to do Work/Study last semester). My biggest fear is that she will take a "fluff" major and just try and attempt to get by. I've joined the parent's association but want her to learn, grow, do well academically, and join student activities to build her resume. I also want to see our Return of Investment (ROI)!!
Financially, we have saved and could send her to school almost debt-free but I'd like to pose a question to you: I have always believed a student should have some "skin in the game" and carry some debt (but not bury them). I am trying to think "out-of-the-box" without putting too much pressure on her and also realize I have two young girls I need to send to college in 9 years. What do you think of the idea of holding a student to the amount of debt they will inherit based on performance?? For instance:
1. 4.0 GPA + join 2 activities (no debt incurred)
2. 3.0 GPA + join 1 activity ($10,000 debt incurred)
3. 2.5 GPA + join 1 activity ($15,000 debt incurred)
4. 2.0 GPA + no activities joined ($20,000 debt incurred)
Is this too much pressure or fair treatment? Any other ideas for setting expectations?? Thanks.