When your child is accepted to college and sends back a “Yes” reply, the school starts sending you all sorts of stuff, including a free car decal.
Minimalists should always be wary of accepting free items, but I have kept two of these free stickers.
Here is how they came to cost me so much. In the state of Illinois, there is case law, whereby children have sued their divorced parents to pay for college. And the court ordered it so. Four years at a state school with each entity (mother, father, child) paying one third of the costs. Aware of these rulings, the kid’s dad and I voluntarily entered into such an agreement, saving our kids suing us and the legal fees.
Plus, I want to help them pay for college.
As you can see by the auto stickers, neither student is attending a state school (average cost per year $32,000.) They are attending private liberal arts colleges (average cost per year $61,000.) They are responsible for the difference. Fortunately, they are both naturally intelligent and hard-working and have earned significant scholarships to attend school. Middle son, is on track to graduate without debt, beloved daughter will have some.
Beware free stuff.