Paying For College – Should Parents Pay For College Tuition?
Are parents obligated to pay college tuition for their kids to attend college? Should parents pay for college or should college students be responsible for paying college related expenses including tuition, with or without their parents help? The question of who pays for college continues to be a controversial (sometimes heated) debate between kids planning to attend college, and their parents.
Parents, are you responsible for paying your kids college education or not? If parents are supposed to pay for college, how much should parents pay towards tuition, books, housing costs, transportation, gas, insurance, food, clothing, entertainment and miscellaneous expenses for college? Where do parents draw the line between helping kids attend college and not jeopardizing their savings and retirement accounts? To say that your retirement plans are more important than your children’s college funds is putting it mildly.
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