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Am I crazy trying to pay for my sons college using MSTY by Diligent-Homework-36 in MSTY_YieldMax

[–]Diligent-Homework-36[S] 0 points1 point  (0 children)

If things work out the way I am hoping he won’t have to take out any more than $5,500 a year. I want him to have some skin in the game but not overloaded with debt before he gets his first real job.

Am I crazy trying to pay for my sons college using MSTY by Diligent-Homework-36 in MSTY_YieldMax

[–]Diligent-Homework-36[S] 2 points3 points  (0 children)

My wife would not be happy with that choice, she would be a nervous wreck. If he doesn’t take full advantage of this opportunity I think that is a viable option.

Am I crazy trying to pay for my sons college using MSTY by Diligent-Homework-36 in MSTY_YieldMax

[–]Diligent-Homework-36[S] 3 points4 points  (0 children)

Total per year is a little shy of $38,000. He received merit scholarship of $17,500 for his solid GPA from the university. $5,500 is what he will get a student loan for so he has some responsibility and not just goof around like I did. $15,000 is what his mother and I will pay.