Re: Should parents pay for their children's college?
I made a deal with my parents when I was going to college that I must get grants/ loans to pay for college initially. But, If I maintained a 3.5 GPA or better, they would pay off all loans upon my graduation. Needless to say I took college very seriously, and graduated with a 3.63 GPA and started the initial job search without having a $40,000 debt.
I voted based upon families finincial status, but I don't believe that paying for it outright initially builds a sense of responsibility for a college education.