Reply #1: I've Encouraged My Kids To Stay In School

[KharmaTrain]

One of my kids graduated in 2007 and was lucky to land a teaching job, but she's not happy and was accepted in a graudate program that will help her move into other directions. My other kid is in his Junior year and we've already talked about him going on for his Masters rather than try to go into a very hostile job market.

We're very fortunate that we can afford to have this option...I know many too many who don't. Within the past year I've heard of several who had to drop out of school due to either losing their grant/loan or other financial hardship. The financial collapse is making things even worse as I suspect getting college loans for next year are going to be all but impossible and many grants (who lost billions in endowments) may vanish as well. Government aid can't come fast enough.