Considering "Fairness" When Paying Sibling College Costs

lvvcsf
Tue, 17 May 2016 13:31:00 +0000

With both kids we let them know what we could/would contribute. Child 2 actually had a bit higher contribution than child 1 since we had more time to save. IMO it is difficult to manage outcomes from of “cost of college” perspective because the kids are different. Kid 1 is an engineering major and because of scholarships and co-ops was able to afford an OOS flagship. D2 has completely different interests and wanted an instate school. She will not have the opportunity to co-op so her financial options were more limited. In the end they will both go to schools which provide them the opportunity to thrive in both their fields of interests and in those areas they enjoy. Both kids were limited by what we could provide and where they were given scholarships. One is at a school that is around $43k/yr and the other at a school which is around $25k/yr. The great news is that both are at essentially there top choice school.