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Whats your backup plan?
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 1340683" data-attributes="member: 12570"><p>Would you rather I sugar coat everything?</p><p></p><p>I love my son but there is no way in hell I would work 7 more years than I needed to when he has the ability to borrow the money.</p><p></p><p>Suze Orman would tell you the same thing.</p><p></p><p>My ex and I split 50/50 his first year of school. He returned the favor by partying to the point where he was asked not to return for his sophomore year. We cut off the checkbook and he graduated from our local community college, SUNY school and just received his MBA from Clarkson all on his own dime. Do I feel bad that he will be starting his professional life w/$73K of student loan debt? It scares the crap out of me but he has a job waiting for him in September and he will be just fine.</p><p></p><p>Working 7 extra years just ain't an option for me.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 1340683, member: 12570"] Would you rather I sugar coat everything? I love my son but there is no way in hell I would work 7 more years than I needed to when he has the ability to borrow the money. Suze Orman would tell you the same thing. My ex and I split 50/50 his first year of school. He returned the favor by partying to the point where he was asked not to return for his sophomore year. We cut off the checkbook and he graduated from our local community college, SUNY school and just received his MBA from Clarkson all on his own dime. Do I feel bad that he will be starting his professional life w/$73K of student loan debt? It scares the crap out of me but he has a job waiting for him in September and he will be just fine. Working 7 extra years just ain't an option for me. [/QUOTE]
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