For parents like me, the education of their children is their number one priority. We can go a year without going on a vacation, sacrifice our personal needs like new clothes or wants like the latest Apple gadget but we can never deny our kids the best education we can give them.
For this school year, our eldest, Z, is going to be an incoming first grader. We are just in the beginning of our school journey as parents but we can already feel the high cost of education. We have opted to homeschool him but that didn’t spare our wallets.
So I can only imagine how the parents of college kids today are feeling. I know some have resorted even to applying for Home Equity Loans just to finance their children’s tuition. This must be extreme to some but for parents who love their children dearly it’s something they are willing to sacrifice.