College tuition has gone up disproportionately in relation to inflation. Working and goong to school is not an option. A $10.00/hr part time job won’t make a dent in the costs. Plus it may hurt your GPA.
What you have said makes no difference inmy opinion.
Student loans are to be paid bu Students after they graduate. Why is that so complicated?
Four kids. We made the choice for me to be a SAHM for the first 14 years then work part time/full time once they were all in school(and part time while they were little). During that time I helped my mom care for my dying father. Went back to work part time then full time then quit to care for my mother, who moved in with us,until she died.
I wouldn’t give up being a SAHM mom for my kids for the years I was able to (due to my husband’s job) or for being able to care for my elderly parents until they died. But it did screw with my career options and our finances.
We made the decision to help our kids with college educations since we think they are important. All four of our kids wanted to attend college and as long as they did their job by getting the grades, we would help them with the cost.
We encouraged them to live at school since we both had that opportunity. They all worked for their grades and worked a part time job once they were 15 years old and played varsity and club sports. We paid/pay for their room/board with parent loans and they paid/pay for tuition with either student loans or academic scholarships.
The two oldest had less than $10 thousand in student loans since they qualified for tons of academic scholarships (top 10% of their class). The oldest is a mechanical engineer and the second is working in her double major (music industry and math). The third only lived on campus her first year and switched her major and college so now lives at home while earning her BSN (a junior) and working as a physical therapy assistant. The youngest is living at school majoring in Accounting and working part time as they all did while in college.
We’ll probably never be able to retire since we will be paying off the parent loans (for room and board for 3) and we live in NJ, lol, for now. And with our help, their college debt is doable.
It’s a choice we made and I don’t regret it most of the time. They all voted for Trump and they will never vote democrat in it’s current form. They will never take the media’s word for anything. They are (2) or will be(2) self sufficient.