Lance and I got into a spirited debate in the comments of a recent post about whether or not parents should shoulder the costs for their children to go to college. Now, this issue is moot for me for a couple reasons:
- I’m not having children, and
- Jake and I have $100K in student loan debt – APIECE – so between funding our retirement accounts (we got a late start on that, too, since we were already about 30) and paying off our own debts, there’s no way we could afford to send our kids to college even if we had any.
However, it does deserve consideration as a thought experiment about what you value, if nothing else. Plus he encouraged me to do a separate post on it, so here you go! Continued