Thursday, August 19, 2004

How to pay for your child's college education

Borrow. Maybe next year we'll be able to keep him in school without borrowing money, but this year, there's no way. So, we took out a PLUS loan. Excellent rates, and good terms. And the money can just sit there in a savings account, calling out to me, while we slowly continue to spiral deeper and deeper into debt, with no apparent way out. The check arrived yesterday, and it's SO tempting to just go to Europe or something with the money.

Unless...I had an interview yesterday. It went very well. It's a good job. I'm hopeful.

Little boy spent the night Tuesday at Older Son's bachelor pad in Baton Rouge. He got home last night, with Older Son and Roommate. Older Son and I went shopping, and he spent the night here. He's still sleeping on the couch. Just like old times!

School starts for him on Monday, and for Small Son on Tuesday.

4 Comments:

Anonymous Anonymous said...

I feel your pain! The first year is the worst. For some reason, the financial aid starts flowing after that & then you can quit eating beans three nights a week. (just twice a week now)
Daughter #2 will graduate from NMSU in December and Daughter #3 heads down that way the day after tomorrow. If the 6 mos. overlap doesn't kill us, nothing will!
Has younger son already called dibs on older son's room? We are spending our entire labor day weekend moving children from one room to another in what we call the "college migration". Youngest daughter called dibs on #3's room a year and a half ago...no sense wasting time.
- Lori

8/19/2004 12:24:00 PM  
Blogger Ann said...

We have TWO empty bedrooms! Well, one is not empty, but has a treadmill and a small TV in it. The other is the temporary home of the stuff we bought for Older Son's pad last night.

Younger son has not expressed an interest in any of the empty rooms. He wants to be where the people are. After Older Son is gone for good, YS may take up residence on the sofa. Then we'll have three empty bedrooms.

8/19/2004 05:55:00 PM  
Anonymous Anonymous said...

Wow. 3 empty bedrooms. I grew up in a more cramped house than that, and it took only a couple of months before my parents turned my bedroom into a den/computer room.

On an anthropological basis, your purpose in life is to sacrifice all resources to your offspring in order for them to spawn more offspring. I can just feel the life sapping out of me as I write. -B

8/20/2004 10:49:00 AM  
Blogger Randy said...

Woo-hoo! Empty rooms! Can I bring some of our excess junk over and store it at your place?

8/20/2004 10:51:00 AM  

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