I worked my way through college. And I can guarantee you that when you work to finance your college career - you count every single penny.
Going out to party with the guys, meant about a week’s worth of groceries that couldn’t be purchased. So, the parties I attended were few, and far between. Looking back, this was both good and bad - I didn’t party much, but I also wasn’t able to date much either.
wouldn’t this also apply to the moocher class in general?
One problem with this idea and the college pricing policies is that most colleges charge students based on their parents income and taxes, and they demand the parents sign a waiver for the IRS to send the college their tax returns official copies.
Failure to submit to this invasion results in the student being charged the top tuition sometimes 30K per year which few can afford.
——It may be possible to provide too much support to your college-age children too much financial support, at least. ——
Slowly, sanity years its ugly head....
Where’s the captain obvious sticker? They need a study to tell this?
I’ve been telling me friends for years, who are envious of the way my kids turned out - they need to be responsible for as much of their own way as possible. It’s far more than just tuition.
Even if you provide tuition, for instance, make them pay for their own vehicle, their gas (for a commuter school).
As far as live-away school goes, unless it offers an education you desperately want but can’t get otherwise, I don’t believe in it. Keep ‘em home.
Want Your College Student to Party Less? Withdraw all funding.
My daughter is responsible for 1/4 of her education with another 1/4 due on a monthly basis after graduation. If she comes home wearing a Che t-shirt, funding stops. If she comes home praising Obama, funding stops.
If I had it to do over, my sons would not have gone away to college for dorm life at all. It is totally destructive, expensive and makes no sense. There are no rules and the lowest common denominator sets the pace.
School is just working by another name. It is not a playpen brawl. So many young people are totally destroyed (spiritually and economically) by the experience.