This follows more or less my line of thinking. I Have two young children and I’m willing to cover basic expenses or match any pell-grant they may / may not qualify for, but I also come with the line of thinking that if they learn the value of work and importance of budgeting while a student, they’ll be better equipped for what’s to come (specifically geared toward undergrad).
Wife and myself recieved no help from parents or family members which: helped us chase down scholarships and balance work and schooling. This led me down the path of military obligation in exchange for grad school being paid and my wife qualifying for scholarships and part time work that helped us pay off any remainder of her undergrad debt.
I can also understand paying the kids’ education and giving them a better head start than us. To each their own, but based on my logic I have a head start of a nicer retirement portfolio so my kids won’t have to worry “financially” if I fall dependent and ill later in life due to me and my wifes diligent savings.
