It's also far more valuable to teach your kids to save for their own college. A few years of odd jobs, paper delivery, whatever will make them appreciate that m

It's also far more valuable to teach your kids to save for their own college. A few years of odd jobs, paper delivery, whatever will make them appreciate that money isn't infinite. My parents didn't (and couldn't) afford to pay for my college, and thanks to that I knew that every year I stayed would be another ten grand in debt I would have to pay off. That led to me leaving university after a pointless year and going into the workforce. As I suspected, it was the best education-related decision I'd made. That said, be careful. Student loans offices generally make the assumption that parents will contribute towards their kids' education; if the current status quo does remain at that point (and I hope it doesn't) they may find themselves unable to afford college because they'll be told that you'll be paying for half of it.