How much is an UG degree worth?

oldfort
Sun, 05 Apr 2015 10:41:32 +0000

@PurpleTitan - It is always a difficult decision even when we think it maybe coming out of our kid’s inheritance. There is so much uncertainty when we get old that it would be hard to be certain there would be an inheritance for our kids, and how much. I plan on leaving an inheritance for my kids, and I assume the money I am spending on my kid’s education is coming out of their inheritance. But If I should lose my job or get very sick later than I could be spending the money I may need later.

OP - if your parents plan on funding your college education by having you take on large student loans then I wouldn’t do it. If they are taking it out of savings or maybe tapping into their home equity then I would take them up on it. There are some crazy adults who would spend money they don’t have on college (or anything for that matter), but if your parents are reasonable people then I would let them be the adults to figure out how much they can afford for your college education.