Who Pays for that Higher Education?
My son is a senior in high school, which means that this year is crucial. This is the year he applies to colleges. This is the year that sets up the remainder of his education and the beginning of his future career. In short, this year is the foundation for the rest of his life.
But no pressure, right?
I'm not sure when the mindset changed from young adults paying for their own higher education to parents footing the bill indefinitely. Perhaps it's because the cost of college has risen so much. Or maybe parents feel obligated to give their children so many things, they just don't know when to stop. Whatever the reason, I'm wondering about the wisdom of it.
Don't get me wrong. I don't look down on anyone who decides to pay for their child's education. If I could do it for my son, I would (maybe). I just don't believe parents need to go deeper into debt or work themselves to a frazzle in order to get their kids through college.
So, while we'll probably pay for his cell phone to make sure he keeps in touch, and we may buy him a laptop to take with him, when Billy heads off to college it's going to be to a place that he knows he's paying for. Does that make me a bad parent? I hope not.