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Author: xraymd Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 311078  
Subject: Re: Me vs. My Parents $40K Debt (Long) Date: 9/7/2004 9:21 AM
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Greetings, IslandFoolin, must your parents pay for your sister's college education? Can she pay for it (or at least part of it) herself, through grants, loans and work? As an undergrad, at age 18, my parents did indeed help with school costs - principally tuition, books, room and board - but I paid my own way for my monthly expenses by working during school. I graduated with two bachelors' degrees, concurently earned (chemistry and mathematics), so it didn't hurt me at all academically to provide a portion of my own living expenses. At the time, my parents could afford to help. Then, 20 years later when I went to medical school at age 38, I paid the full freight - not only were my parents now retired but I would never dream of asking them for help. This was MY venture. So I made it my own effort to seek out grants and loans, and succeeded in doing so. As detailed in my many posts to this board (and to the Paying Back Student Loans board), the payback strategy is mine, also. Assistance with college costs is a nice gesture but not if they can't afford it! From the time I was a little girl, my father used to ask me whether I wanted to go to Harvard or to Yale. When I was finally 18, there wasn't any way of financing tuition to a private, out of state school - so I went to the state school for a fraction of the cost. As I said, I turned out okay :-).

By the way, costs for food don't necessarily decrease while losing weight - many of the most successful strategies for weight loss actually have you eating BETTER food than before (protein is expensive!) and even paradoxically MORE of it (in a misguided attempt to trim, many cut food portions and find that it backfires when their metabolisms go into shutdown mode, perceiving a state of starvation).

Congratulations to you and your parents for the consciousness-raising.

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