(Closed) College tuition.

posted 5 years ago in College
  • poll: Where will you WANT your children to go to college?
    Cheapest route possible, regardless of quality of education. : (12 votes)
    5 %
    Highest ranked school possible, regardless of cost of education. : (31 votes)
    14 %
    Highest ranked state school; we'll move to the state for residency. : (10 votes)
    4 %
    My alma mater. : (21 votes)
    9 %
    Not in America to avoid high tuition costs. : (10 votes)
    4 %
    I will only pay for a certain choice in school. : (12 votes)
    5 %
    It will be my son/daughter's choice regardless. : (130 votes)
    58 %
  • Post # 3
    Member
    3886 posts
    Honey bee
    • Wedding: September 2011

    You need another option. Not everyone needs college education and it’s perfectly acceptable to say “my child does not need college” or “my child would not benefit from a college degree.”

    there are plenty of careers where you can earn $60k or more a year with no college and little or no debt.

    Post # 4
    Member
    8276 posts
    Bumble Beekeeper
    • Wedding: August 2012

    I didn’t vote either…I’d say probably a moderately priced college that will provide a quality education. Doesn’t necessarily have to be the “best” but I certainly wouldn’t just go the cheap route either.

    Post # 6
    Member
    1856 posts
    Buzzing bee
    • Wedding: March 2013

    I said highest rank but their choice. We’re both PhD students, with at least one of us going into academia. We place a lot of importance on higher education in general, and we both know from experience that where you go does matter (to a lesser extent for undergrad). Depending on where we end up with faculty positions in the long-run, we may have discounted tuition available for our kids, which would be great, but otherwise, we’ll find the means to pay for or contribute as much as possible to their education.

    One thing to think about (again, to a lesser extent when discussing undergrad programs), a specific department in a school may be more important than the school itself (ie, a certain program in a top 15 school may be more useful to future employment in the field compared to that program in the top school).

    Post # 7
    Member
    4049 posts
    Honey bee
    • Wedding: January 2014

    I imagine we will end up permanently in England where tuition is so much more affordable. I think my Fiance paid $4k a year for three years.

    If we were in the US, I would help financially if we were in the position to do so. But my kid better damn well have some scholarships. And there is no way I could see us ever affording out-of-state tution or private tuition.

    So I suppose my full financial support would be contigent on my child doing his/her end by doing well in high school and obtaining scholarships, as well as picking an in-state school.

    That said, I would still do my best to help somewhat if my child wanted to go out-of-state or private. I just cannot see myself able to fully pay for their education in that case. They would have to get loans. As a result, I would probably discourage such a decision since I’d rather my child not have a mountain of debt when school is done.

    Post # 8
    Member
    1193 posts
    Bumble bee
    • Wedding: July 2013

    @peachacid:  I honestly don’t think you have to go to the most prestegious school…especially with my career as a teacher. I went to a normal old state school and I got a quality education and got the job I wanted right out of college. I think a lot of it depends on your career path as well.

    Post # 9
    Member
    9142 posts
    Buzzing Beekeeper
    • Wedding: November 2013 - St. Augustine Beach, FL

    @peachacid:  UF in Gainesville, if our child can get in, is the best bargain education imho.  (I am not an alumnus but many of my friends and colleagues are.)

    A loan free education is the best because then you can do what you really want to after graduation without worrying about paying off thousands of dollars in loans.

    Post # 10
    Member
    2553 posts
    Sugar bee
    • Wedding: May 2013

    @peachacid:  Hah dont forget the cost of meals, fees, housing and books in that $130 total!!! Also dont forget the possibility of grad school if you want to pay for it.

    As for me though, I think its important to let the child choose where they go (while taking parents advice into account of course.) I feel parents should set boundaries on what they are comfortable of but not be completely in control… For example taking in to consideration budget or perhaps no more than a 5 hour drive etc.  Although, when I’m a parent, I would expect good communication and maybe some compromises on both ends.

    Post # 12
    Member
    9209 posts
    Buzzing Beekeeper
    • Wedding: August 2013 - Rocky Mountains USA

    It’s really hard to say.  I went to one of the “top schools” you listed and tuition was 40k 10 years ago – now even more.  I was able to get a bunch of financial aid, and my parents ended up paying less out-of-pocket than for my sister to go to an out-of-state public university.  The quality of the education as well as the experience living that far away from home was really really great.  Even so, I have 40k in student debt now with a career that’s not particularly well-paying.

    Especially with the job market and economy the way it is, I’m not sure it makes sense to take on that much student debt.  Our state gives free in-state tuition to smart kids, so if we stay here, we may want our kids to go to our state university.  But then again, I really believe that small class size, high quality instruction by top professionals, and a liberal arts education are very important for young minds.  (Not just for career advancement, but for expanding kids’ knowledge, confidence, and view of the world.)

    It’s a toughie!

    Post # 13
    Member
    396 posts
    Helper bee
    • Wedding: June 2013

    I chose the last option. It is up to them where they go. I would prefer a University over a community college and I expect them to atleast get a Bachelor’s degree. 

    Post # 14
    Member
    296 posts
    Helper bee
    • Wedding: September 2013

    For Women, check out Alverno College!  Education is an investment I believe people benifit from obtaining themselves.  No matter what college they go to.  I do not plan on paying for my childrens college.  Just like my parents who could have didn’t for me.  I earned it myself, have more respect for education now, and also hope the same for my children. 

    Depending on the situation, I may offer to pay for there last two years if they prove themselves dedicated the first two.  🙂

    Post # 16
    Member
    4049 posts
    Honey bee
    • Wedding: January 2014

    @Britt214:  Very true. I considered applying to Stanford, and everyone thought I had a good shot getting in. But ultimately, I figured I would go into elementary education. I couldn’t justify the cost of the prestigious education with the salary I’d have as a teacher. That definitely influenced my decision to stay in-state.

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