Quote:
Originally Posted by Orioles1954
Precisely the reason I have no plans in setting up a college savings plan for my kids. When I saved and plucked away on my own it was simply more valuable to me. I guess we could apply this principle to anything in life.
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The answers to these posts really say a lot about a person's values. I totally understand where Orioles1954 is coming from, but I would like to share that 20 years ago my parents gave me a free ride to an expensive private college. The wonderful gift my parents gave me was extremely appreciated at the time and even now. I plan on hopefully passing on that gift to my kids one day. Heck, they're so young, at this point I just hope they want to go to college in the future!
On the other hand, I was and am still on the hook for my own sizable law school tuition and expenses. Although I graduated in the 1990s, I will still be paying law student loan debt off into the late 2020s. There is nothing satisfying or rewarding about writing that check every month I can tell you. But, I likely will require my kids to do much the same for any post-bachelors degrees they might seek.