Better to Pay for your Child's education Or they Pay?

United States
July 14, 2011 8:59pm CST
Which do you consider better for the parent to pay for the child's education or the child? For my education I paid for my two year degree and I know it molded me and make me more appreciative of my diploma and my years I spend in college. But my mom always says she wishes that she could of paid for me and my sisters education. I quess the pro's of paying for your child's education is when there done they won't have the bills to pay for it. And be ahead of others in there finacial business. But I'm not sure if it would take longer or he same time. I have two views on this. One the child could take advanage and not worry about there education and just party hard and not invest in there studies. The other view is that they could feel obligated to do well and in return stress them out worst. What's your opinion on this topic?
1 person likes this
8 responses
@SomeCowgirl (32273)
• United States
15 Jul 11
I think that if a parent is able, they should try to assist the child with paying for school. However, I also believe the best financial lesson is to allow the child to pay for their own education. Like you are saying, it's better that they feel obligated to study hard and they'll feel more obligted to do that if they're own money was invested into the schooling. I don't have children yet but when I do I will assist them with paying for their schooling but I also won't hesitate to make sure they pay for part of themselves, whether it be the books or what have you.
• United States
15 Jul 11
I agree with you. It maybe hard to help pay for there schooling but if you can divide it in half they feel more obligated to really invest themselves into it.
@alquizar (480)
• Philippines
15 Jul 11
My parents are the one paying for my education and they really do help me in everything that I had plan and do in life and what career I want to pursue that Is Why I became a nurse because of my parents financial and emotional support to me.I think Parents should be the one paying the education of their children because children don't have work and they can't sustain their own needs for the mean time while they are still studying.
• United States
15 Jul 11
Thank you for your opinion but I disagree with you. I think people can pay for there own education and be able to still study. My friend is proven fact of that. She went for a double major and worked full time as well as lived on her own. It is possible but I do say it would make it easier on the kid if they didn't have too.
@asyria51 (2870)
• United States
15 Jul 11
my parents sat down with me when i was 16 and said we are giving you X amount of money towards college. We looked at what I had in savings from birthdays and christmas along with babysitting and summer job money. When I started looking into colleges that made a big difference. I ended up paying for about half of my 4 year education. I took classes at the community college which were less expensive over the summer and I took a few AP classes my last two years of high school. Between that and working my butt off every summer, and taking small babysitting jobs throughout college I walked out of school with a car paid off and not college loans. My husband on the other hand just finished paying off his loans recently. I think that it makes the education worth more if the student helps to pay for it. When I thought of dropping a class because I was overwhelmed one semester, i just gritted my teeth and made it through because I knew that I would have to pay for that class if I took it again. yeah, it was stressful at times, but it taught me to save for big things and to evaluate if i really need to go out to the bar and spend a bunch of money or is sitting in with friends and watching a movie okay too.
• United States
15 Jul 11
Honestly I like what your parents did. They helped you but didn't pay for the whole thing. Which makes you more responsible for your own education in a way but with a little added support. Thank you for sharing I think I like this idea so far the best to help our future kids out when that time comes :)
@catof1 (683)
• United States
19 Jul 11
I think that if a parent is able to Help (not pay for it all) it would help and the child pay for most. I can tell you from experience I apreciated my schooling more and did better in school since it was on my dime. My ex husband and his other "rich" friends who had their parents pay for their schooling playe their first two to 3 three years. It took my ex husband over 7 years to finish his degree and he changed four times. Not beuase he had to just because he wanted to. I just could not believe it. So a little of both I think would be a good idea.
@bounce58 (17550)
• Canada
19 Jul 11
My kids are just 11 and 5 years old. But when my oldest turned 4, I started paying a plan that would pay for his college education. I also started a similar one for the youngest last year. It has been a burden paying these regularly, and it meant less travel and more work hours for me. But! I feel that there is no question that I should do this, and pay for their education. Anything to get them ahead in life. If they just party and not worry about their studies when the time comes, then it's their loss, as I know I have already done my part.
@bouncybug (615)
• South Africa
17 Jul 11
I think that if you can afford to pay for your children's education, then it is a wonderful thing to be able to provide that for them - they will be forever grateful for the headstart you gave them in life! At least, I know I am grateful to my parents for what they have done to me. But I think there does need to be a limit - if the child is constantly dropping out of courses and spending a fortune on education, there has to be a point where the child takes responsibility for their own actions and pays for their education themselves.
@ebuscat (5949)
• Philippines
17 Jul 11
For me it is defends on what culture are you here in the Philippines they want that the parents is the one obliged to pay for the tuition fee of the child so the student would be free to take the hassle situation and result good grades and good feeling that's why if they get work after all there salary would take it to there mom.
@cutepenguin (6458)
• Canada
16 Jul 11
We're pretty far away from this, but we are saving up to pay for part of our son's post secondary education. I just think that it's so expensive that it would be stressful for him to try to pay it himself. Obviously, he'll have to pay some of his expenses, because we just can't afford to pay the entire thing and save up for retirement.