Larry on Cavuto/FoxNews – Are parents obligated to pay for childs college tuition?
Watch Larry Winget and Neil Cavuto talk about if parents are obligated to pay for their child’s college tuition.
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Hi Larry,
A job well done on the Cavuto piece about parents paying for college tuition….We have prepared our kids since junior high school that they will be responsible for their college tuition. This has encouraged them to stay on point with their studies. They understand that if they are considering college, that it is imperative to be an excellent high school student, and to apply everything that they have to achieve good grades. Scholarships are plentiful for those that really want them. Thanks for the piece. I’m a fan of your logic.
Rich Basinger
My parents told me to plan on going to college, and it was expected I would pay my own way. I went to summer school (high school) the year between my sophomore and junior years so I could graduate early. The next summer, between my junior and senior year, on the first day of summer break my Dad called me, said “Get out of bed and get yourself down to Safeway and apply for a job.” Since I wasn’t in school and I was of age, it was time to go to work. I didn’t get a job at Safeway, but I did get one at Fred Meyer. I worked that summer, through my senior year and stayed with that company for another six years. Paid my own way through college. I now have two Associate degrees, one Bachelor degree, two Masters degrees and a Ph.D. My school loans will be paid off this year. It is up to the college student to figure out how to get through school. With as much education as I chose to get, I had to use loans. This is not the answer for all, and like you said, not all need a college degree (Don paid his school loans off before he graduated – no interest since he was in school). You would have liked my Dad. He ran a union so you’d disagree at times, but the conversations would be great and you would have really liked each other.
Oh my goodness, that was a great interview. Solid advice! We had an arrangement with our kids – and they worked their way through university (we paid books, special trips, etc.) to pay for the tuition – and they are very proud of themselves to this day about that accomplishment! No entitlement there.
Keep up the good work, Larry – you’re making a difference.
Pat Mussieux
Really? Sending your kids to war (I am a combat veteran of two wars), risking their lives for the global economic interests of a handful of people who rule this world, so the state (meaning us, the taxpayers) will pay for their studies? You, spending your money to the last penny, but not giving any of it to your own kids? You prefer seeing them working unhealthy hours, and take many years to graduate, rather than helping them get to their goals as fast as possible? Wow! That is one piece of empowering message, no doubt…
That’s OK, my kids will graduate in the meantime Medical School, I will pay for both their $300,000 – $400,000 tuitions, and by the time your kids will be back from the stupid military (and if they are still OK in their head), or be done with their 7-8 years of college studies, mine will be exactly where they dream now, respected professionals, making 6 figures or more, and live a DEBT FREE, stress free life, instead of hoping to pay off student loans 10 years later, or wasting the most beautiful years of their lives, working 16 hours a day.
What good is the money for, if not to use it for your loved ones, when they really need it most? Not after you die, and they are in their sixties… But I forgot: they will still get nothing from you after you die, because you would have spent all of it before… Very inspiring!
Guess you missed the part about “do it if you can afford it” but don’t sacrifice your retirement. Most don’t have the $800K you brag about having. All the best to you and your kids who will never have to work 16 hour days as doctors. Ha. God bless the entitled and privileged. I talk about regular people.
I wish I’d had that talk with my parents when I was in high school, so I’d have been more prepared for life. Great interview, great advice. I’ll definitely take this into account when I have kids.