Holly - posted on 05/28/2010 ( 16 moms have responded )
So, I have been seeing a lot of talk on here about college funds and how important it is to set one up for your children. My question is WHY??? I never had one. My parents made enough to support my siblings and me, but not much else. I WORKED my way through college (and I still am), so yes, it is harder, but still doable. Why must we allow our kids to depend on us to set them up for that time?
Yes, I understand some people want their kids to not have to work throught college, but then what will your new college graduate do for a job? Go into an interview and say "Hi, I'm 24 years old and I am a recent college graduate. No, Sir (or Ma'am), I have never actually had a job in my entire life, but please oh please hire me for this job that I am obviously way underqualified for." I can tell you one thing - that will never be me!!!
Of course my kids have small accounts in their names in case they NEED the money, but my hubby and I will expect them to hold a part time job to help pay for their college expenses. We will also expect them to apply for scholorships and academic awards to help pay for the cost of college. What motivates a child to do exra well in school and get scholorships if they know there is some magic fund out there from Mommy and Daddy that will just bail them out?
Can someone please shine a light on this for me? Am I just not getting it because I had to rely on myself for my educational expenses?