Paying for College

Should You Pay for Your Child's College Education?

The question in the title of this post may seem rhetorical. “Of course parents should pay for their child(ren)'s college education!" you might think most people would answer.

However, in today's world, where a four year degree (assuming that the degree can be completed in just four years) can cost upward to $300,000, that may not be the slam-dunk answer some parents can afford to embrace. The confrontation with debt and parental retirement finances has changed some minds about such an obligation.

In a stimulating article on CNBC.com, Susan Poppick attemps to answer the parental question from various points of view:

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