Quote:
Originally Posted by ruffy
I personally found that as I paid for my own college education that I did much better in school. Went from average student to 4.0 GPA. It was my money I was wasting if I didnt and my future. I think its good that kids try and work themselves through school and mom/dad or both can give an allowance to supplement the child, as working a full time or part time job and attending school is very difficult. I paid for all of my college as I went along, and it took me twice as long to get through, but I'm a better person for it. I did not owe any money when I finished. I also earned a scholarship which helped. 
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That isn't necessarily the lesson that every kid needs though. My parents paid for my education and I always maintained a 4.0 GPA, earned scholarships for academics, and graduated with honors. I knew not to waste my parents' money (would never have dreamed of it actually). I was always grateful for my parents' committment to my education; I was able to graduate in 4 years and move on into my career. I hate to think of the struggle it would have been, how long my career would have been delayed, etc. without my parents' help.
But the reality in this day and age is that the cost of a higher education is starting to price kids out of school. Somehow there has to be a way to slow down the inflating cost of a higher education. It's going to backfire eventually.