Thursday, August 4, 2016

Inform Kids About College Costs Before Ignorance Becomes Entitlement

Confused High School Graduate

“If you think education is expensive, try ignorance.”
~Unknown Wise Person

62% of recently surveyed kids ages 8 to 14 expect parents to pay for “whatever college I want to go to.”


Only 12% of surveyed parents will be able to fully cover the cost of college.


76% of the parents are willing to delay their retirement to pay for their kids’ college education.

68% are even willing to get a second or part-time job to do so.


42% of the parents are losing sleep over the matter.

Wow. That’s a lot of parental sacrifice and stress for little Johnny and Suzy to go to “whatever college they want.”

Those kids are seriously entitled!

Or are they?

Do kids 8-14 have any idea how much college costs, or what a burden it is on their parents?

Not unless they’ve been having open discussions with parents about the cost of college. Not unless those talks include a blunt assessment of what the family can reasonably afford.

Finding the topic too awkward to broach with your child? Consider picking up the bestselling book, The Opposite of Spoiled, by Ron Lieber. It will help with motivation and technique.

Financially clueless kids aren’t necessarily entitled. They could just be ignorant.

Who’s fault is that?

Want to turn these tips into action? Check out

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