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robinp
robinp asks:
Q:

Are parents interested in learning more about saving for college

Would parents be interested in attending a parents night at there childs school to learn more about saving for college now, while there child is starting out  to lower the costs later on down the road?
In Topics: Financial planning for college, Getting ready for college
> 60 days ago

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fritzr
fritzr writes:
I would certainly be interested in something like that.
> 60 days ago

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shaeealy
shaeealy writes:
I feel that at the rate of the economy parents should be more concerned with saving for retiremnt moreso than saving for college, B/C there are always going to be scholarships and grants for college but nothing to help you retire. Not saying that it is never to early or to late to worry about college.
> 60 days ago

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CarrieGyrl
CarrieGyrl writes:
I agree with the other post: Parents should be much more concerned about "saving themselves" for retirement, rather than trying to find ways to save money to put their children through college.  There are NO programs for a man or a woman, at age 65 who gets laid off from their job or they are forced to retire, or they are simply too old and tired to work in the same field 40 hours a week. Then......Mom or Dad's bank account is a couple thousand dollars tops because they used their 401K money and any other savings they had to give to their kids so they could attend a 4-year college.  Single parents are even worse off, financially.  And there are a LOT of single parents.
Then what?  Mom and Dad can barely buy food and pay basic bills once their meager savings is gone - Social Security will never be enough to cover basic living expenses and medical care (that will surely increase with age).   Now they become a BURDEN on their now-adult children! Many retired adults run out of money and are forced to move in with their adult children.
Many wind up on Welfare and Medicaid / Medicare.
Kids who really want to go to college can start working while still in high school, then take off a year or two and work 2 or 3 jobs to save up enough cash to get them off to college, in addition to all Pell Grants, Student Loans and scholarships. They can go to a local in-state college or trade school or community college if they cannot get a scholarship. That education will mean SO much more to the student if he/she works hard to pay for that education him/herself.  They will feel better knowing Mom and Dad still have food and a roof over their head.
> 60 days ago

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dpratser
dpratser writes:
Absolutely! I'm always looking for new ways to save for college - and with soaring costs it's best to start early!
> 60 days ago

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