As a parent of a recent college grad and a HS senior getting ready to trek off to college I would not pay for college for one of my kids if they waited 8 years. One gap year, okay so that is fine. But 8 years. My wife and I are looking forward to eventual retirement and want some control over our bank account. Eight years would put college payments solidly into my retirement years.
So from a practical standpoint cash flow is a consideration. From a dependency standpoint isn't eight years long enough for you to mature beyond financial and emotional dependency?
So from a practical standpoint cash flow is a consideration. From a dependency standpoint isn't eight years long enough for you to mature beyond financial and emotional dependency?