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Why work so long?
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 1505963" data-attributes="member: 12570"><p>They don't but I have yet to meet a parent of college aged kids who doesn't want to do whatever they can to help them out.</p><p></p><p>I have two kids. When they were ready for college my ex and I agreed to split their first year 50/50 and subsequent years 1/3 each. My daughter followed the plan and graduated with about $23K in student loan debt. My son didn't, paid for the rest on his own and graduated with his MBA and about $73K in student loan debt. He landed a good job with a solid company and should have the loans paid off in less than 10 years.</p><p></p><p>I would be hard pressed to choose to work a few more years just so that my kids graduated from college debt free.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 1505963, member: 12570"] They don't but I have yet to meet a parent of college aged kids who doesn't want to do whatever they can to help them out. I have two kids. When they were ready for college my ex and I agreed to split their first year 50/50 and subsequent years 1/3 each. My daughter followed the plan and graduated with about $23K in student loan debt. My son didn't, paid for the rest on his own and graduated with his MBA and about $73K in student loan debt. He landed a good job with a solid company and should have the loans paid off in less than 10 years. I would be hard pressed to choose to work a few more years just so that my kids graduated from college debt free. [/QUOTE]
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