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Author: 2gifts Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75383  
Subject: Re: retirement for my 2 and 4 yo?? Date: 7/1/2007 11:14 AM
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I also would never consider choosing my child's school, based on any criteria.

I think you might be doing this already-and I am not knocking it-let me explain...you said one child is considering culinary school-can't really get that at Texas Tech U...but if one of my childern wants to do something like this, then we will do what we have to to get it done WITHOUT loans...



I'm confused. How am I using my criteria to choose my child's school? Yes, one wants culinary arts, and he's already go his heart set on Johnson & Wales. He's been up to see New England Culinary Institute as well, and didn't like their program. We haven't visited CIA yet, but it's on the list and is a school that his aunt graduated from. I'm still at a loss as to how I'm picking his school, so could use an explanation on that.

If your kids want to do something else, how will you prevent them from getting loans if the tuition is beyond what you have told them you will pay, and they don't get enough grant money to pay the difference? What I'm seeing is that the bulk of any financial aid is via loan and not grant, and since I don't want them to come out with a ton of loans and since they've been told we'll pay for their 4 years, this should not be an issue for us. I'm just wondering how you will enforce this on your children if they want to do something that means they'll need loans to make up the difference. They'll be 18, so they won't need your permission on these things.
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