Should parents plan for the possibility of more than 8 semesters' of college costs?

<p>True, it IS important to have plans and agreements for what happens with the student when s/he graduates from college. Many times, there may be no immediate job available, it may only be part-time, it may not be in the student’s major, and/or student may not have been accepted into grad/pro school and/or want/need internship. IF family can help ease the transition between college/school and work, that can be very helpful for the student.</p>

<p>We were fortunate that we were able to provide S with no-cost housing while he waited for his security clearance & then his job to start. He used his own savings to travel as well before starting his job.</p>

<p>When the student seeks a job far from home, agreements have to be reached about living expenses, etc. if family is to help.</p>