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Does this mean I will start working ?
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 1502367" data-attributes="member: 12570"><p>I do agree that I would rather they not start their professional careers with a ton of debt but at some point you have to think of yourself and your future.</p><p></p><p>When the kids were starting college my ex and I agreed to split their freshmen years 50/50 and the subsequent years 1/3 each. My daughter followed the plan to a T and graduated with a modest $20K of student loan debt, which she has completely paid off. My son strayed from the path and Mom and Dad cut off the checkbook when he was asked not to return for his sophomore year. He took this as his wake-up call and worked hard to earn his AS, BS and MBA, all on his own dime. Yeah, his $73K of student loan debt sucks, but he landed a very good job with a solid company in the aerospace industry and will have that debt paid off in as little as 5 years.</p><p></p><p>Does it suck that he is starting his professional life with that much debt? Absolutely. Have I been tempted to do whatever I could to help reduce that debt? Absolutely but I also realize that he was given the same opportunity as his sister and he failed to take advantage of it. Also, it would be unfair to help him when she did the right thing and took care of her own business.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 1502367, member: 12570"] I do agree that I would rather they not start their professional careers with a ton of debt but at some point you have to think of yourself and your future. When the kids were starting college my ex and I agreed to split their freshmen years 50/50 and the subsequent years 1/3 each. My daughter followed the plan to a T and graduated with a modest $20K of student loan debt, which she has completely paid off. My son strayed from the path and Mom and Dad cut off the checkbook when he was asked not to return for his sophomore year. He took this as his wake-up call and worked hard to earn his AS, BS and MBA, all on his own dime. Yeah, his $73K of student loan debt sucks, but he landed a very good job with a solid company in the aerospace industry and will have that debt paid off in as little as 5 years. Does it suck that he is starting his professional life with that much debt? Absolutely. Have I been tempted to do whatever I could to help reduce that debt? Absolutely but I also realize that he was given the same opportunity as his sister and he failed to take advantage of it. Also, it would be unfair to help him when she did the right thing and took care of her own business. [/QUOTE]
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