parents, need advice

anon94785555
Thu, 31 Dec 2009 07:37:45 +0000

They need to spend some time figuring this out. A necessary evil, just like taxes. Ask each parent the question- tell them you need an answer by X date. They know their respective incomes and expenses, they need to sit down and see how much money is left after expenses and/or where lifestyle cuts would be made to use for college. Some parents will have money that can be used to help with college instead of being saved, others need to decide if luxuries/vacations should be modified. NO parent should decrease their retirement contributions to fund a college education- that money can never be recouped whereas loans can be paid off.