This month’s financial column tackles a question I hear often from parents: Should I pay for my child’s college?
For many, this doesn’t start as a clear decision, it starts as an assumption. Something parents feel they’re supposed to do, without fully thinking through the financial and long-term impact.
In this article, I walk through a different way to approach the conversation, one that focuses not just on affordability, but on values, responsibility, and long-term outcomes for both you and your child.
Through a practical, real-life lens, we explore:
• Why paying for college isn’t always the “obvious” best choice
• The behavioral impact of having (or not having) skin in the game
• Three common approaches, and the trade-offs of each
• How to think about saving, including how 529 plans fit into the picture
You'll find the financial column on page 49 of this month's issue. If this is a decision you're thinking through (or will be soon), I hope you’ll take a few minutes to read it, and share it with someone who might be navigating the same question.
See you next month!