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I'm from the UK and kids here do not typically grow up expecting their parents to pay for their university tuition. We get loans and pay them back ourselves. I don't see why any parent should be obliged (either legally or just by 'society') to do this. It is an enormous expense and I could never bring myself to even ask my parents for that after they'd already spent 18 years paying for me. They're supposed to be done by that point, not financially crippled again for who knows how long.
In Japan, parents almost always pay for their child's post-secondary education, whether it's college or vo-tech, or the kids get a loan. Stories about kids getting jobs to pay for college are shocking to most Japanese moms I know. They believe a job would distract kids from their studies.
I don't know, but I assume it's probably the same in Korea and China. I know two Chinese moms, and they plan to pay for their children's education. I don't know any Korean moms, but I went to college with a bunch of Koreans (and Japanese) and they all had their tuition paid for by their parents.
Incidentally, I would like to know if there is any actual research out there supporting the idea that children do better in life if they get a job to put themselves through school than if their education is paid for. It seems everybody has a belief that one is better than the other, but what does the research say?
Which kids are more likely to graduate? Which kids get better grades? Which kids get higher paying jobs?
I believe that helping kids go to college/trade school can help them have a better future. But if somebody knows of some research showing that making them work through school is better, I'm willing to read it. Does anybody know the facts, or is this all just personal theories?
Yes, it's parental failure to pay for graduate school. How dare my parents try to make my life better when they have the means to. They should be making me struggle. It builds so much character being in thousands of dollars worth of debt and struggling to pay bills throughout your life.
This thread has made me really appreciate my parents more. They obviously care more for my success than most of you care for your children's success. It's very sad to me that this isn't a norm, but it is what it is.
Wow, after reading through this, I just hope the OP's parents are investing wisely. Success doesn't depend merely on money or degrees - ultimately it usually depends on a person's character.
Oh. I live on the other side of the planet and obviously I don't know much about life in the US, but the whole thread shocked me... interesting, yeah, informative, but still.
I was going (and started to) to write a long post about education, parents' help etc. in my country, but some of it would probably come across as indignant and you wouldn't be interested anyway, sorry.
Interesting. My daughter says Chinese students are shocked that some American parents don't pay for their kids' educations. We just had that conversation not long ago.
OP how old are you? Your story changed mid-thread, are you studying now or planning to?
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Originally Posted by stellastar2345
Saying retirement is more important is putting yourself first.
Umm, yes, being able to pay for food and a roof over your head is quite important.
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Originally Posted by stellastar2345
Maybe I live in a different world than you, but I would like to associate with doctors. I find them immensely successful people.
To be honest, I think this is a class difference. I'm very sorry to have bought this topic up in this forum. This obviously isn't the place for it.
Hmmm, how do you know the SES of posters here? How does "class" factor into fiscal responsibility?
Salary projections are great, but since you haven't even started studying it's very hard to predict career demand or salary 5 or 10 years in the future.
I'm from the UK and kids here do not typically grow up expecting their parents to pay for their university tuition. We get loans and pay them back ourselves. I don't see why any parent should be obliged (either legally or just by 'society') to do this. It is an enormous expense and I could never bring myself to even ask my parents for that after they'd already spent 18 years paying for me. They're supposed to be done by that point, not financially crippled again for who knows how long.
college in the UK is pretty affordable. 5k/year on average as opposed to 13k/year average.
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