My daughter, who is a high school senior, just informed that she is applying to an expensive private arts college in New York. I went online and found out that it's going to cost me 40 grand a year. So I told her that I can't afford it and that she is going to have to get a loan if she wants to go. We ended up having a huge argument, and she tells me I'm a bad parent because all her friends parents have saved up for their kids education, and they don't have to get loans so it's all my fault. I have been putting money aside for her education since she was young, but certainly not enough to cover even her first year of college if she wants to go to this expensive private arts school!
Anyway my question is, am I really the "bad parent" that she labels me for not putting more money aside for her and not being able to afford this type of education for her? And have you ever heard of a parent who has saved a total of over $100,000 for their kid's college education, or is she lying to me.
2006-10-11
15:05:35
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21 answers
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asked by
Chicago Man
1
in
Family