How Can I Save Money for My Child's College Education?

Parents need to have their head examined. College tuition, room and board, cars, etc. are not legally required or even recommended if you want your kids to ever be self-sufficient. Why should they ever work if mom and dad will buy them everything they want?

Smart kids are saving money on college tuition by taking CLEP tests. Their parents who are going back to school are saving money by taking them, too.

What is wrong with people? We bring children into the world and then get angry at them and the system because we have to provide for them and plan for their future. Yes, no one is legally holding you responsible to provide for your child's education, but why should they? It's something you should want to do!

Don't we want them to do just as good or better than us? Don't we want them to have more opportunities and choices then we did? Or are we angry and bitter because no one help us out growing up and we feel "hell, let them struggle and go in debt just like I had to"? Someone said in an earlier post, "ask them this: are they willing to pay for your retirement when it comes time for you to retire?" You are the parent and they are the children! You are to supposed to take care of them. They aren't supposed to take care of you!

I'm not saying don't save for retirement, but why do we feel that if we save for our children's education we'll be left high and dry and they won't appreciate it. If you raise them right and taught them well they will and you'll see the investment.

So yes, save for your retirement and plan for it but take care of the children and give them a foundation they can build on. Let's not shortchange them just so we can live comfortably in old age and die.

Adult children are responsible for their college education if they wish to pursue education beyond high school. Kids today have a sense of entitlement and have now found ways to stay on their parents' payroll now into their mid-late 20's.

Old school we were already responsible for ourselves and our children. College should be more affordable and student loans should be more readily available. Government student loans would make default highly unlikely if you garnish future earnings of the student. Come on: let's teach our kids to be responsible adults.

American's are not legally responsible for paying for their children's education. However, as a parent of two young children, I do plan on saving and paying for as much as their education as possible. My parents didn't save a dime for me and I will be paying student loans for many years because of that. I would like to be able to afford my children the opportunity to *not* start their lives off 50, 60, 70 or 100,000 dollars in debt.

In Canada, (where you are from) the cost to attend college is extremely affordable if not free.... here in the US, our government does not hold a high enough value on education (as it claims to do), and also the high and often prohibitive cost of education creates a kind of social hierarchy where those who grew up poor (like myself) will never be able to afford college and will stay poor. However, if you save for college for your children, they have at least a chance to break that socio-economic barrier and have the opportunity to have a better life than their parents did, which I hope we all want for our children.

Sure, children should know the value of hard work, and I will require that my daughters work and contribute to their education as it is their own future. I am a firm believer that one who does not invest in their own future does not have a true interest in it and therefore will not care if they succeed or fail. *But* I do not see anything wrong with parents saving up for their children's education.

As parents, we "sign up" for the job. We wanted these children, therefore we must understand that we will have to make a significant financial investment in them. Food, clothing, healthcare, interests, and education. If you don't plan on providing these things to your children then who do you expect to??? Taxpayers??

Taxpayers do not care about your children, you do!!! Tax payers did not give birth to your children, you did!!! Tax payers did not raise a bright young individual who aspires to become a doctor, you did!!! You should be proud of that and with that, you should be happy to share the cost of education to see that dream come true.

I think that parents should pay for their child's education. Why would any parent make their kids get loans while they are in college? They are just making there adult life start off in debt. They will be paying those loans off for the next 30 years after they graduate. Parents should start putting money into accounts when their children are young, accounts that are for education only. Why shouldn't parents take care of their responsibilities? When you become a parent your job does not end when he turns 18. You are his or her parent until the day you or they pass on. If you take care of your responsibilities while they need *you* then they will take care of you when *you* need *them*. If not, then they will just stick you in a nursing home and make you you there.

Hello, I am Canadian and wonder why Americans feel it imperative to pay for their children's college tuition?? Let them pay for it themselves!!!

I can understand helping out the first year... but come on! I paid for my entire university, my brother paid for his, and my sister also paid for hers!! So did nearly everyone I went to school with!

I don't think it is the responsibility of the parent to pay for the grown up child's education!!! I earn a very good living as a dentist, and have no intention of paying for my childrens entire university career!

there is no way that legally, you are obligated to put your child through college. as of age 18, they are legal adults, and therefore responsible for themselves. you are responsible for keeping them in school until i think, 16? i'm not sure about that. if they are pressuring you to pay for college, ask them this: are they willing to pay for your retirement when it comes time for you to retire? all the financial advisors say to put retirement saving before college saving because it is so much easier for the child to pay for college then it is for you to pay for retirement. how about they do it the old fashioned way, and work hard, save money and get student loans? that's what i did!

Can someone tell me, please, if parents are legally responsible to provide their child a college education?

or...Are parent(s) obligated to provide child with a college education?

and:

how can a child force a parent to pay for college education?