"Need to raise the kid with a good work ethic. I busted my ass and paid $76K for four years of school out of my own pocket; no loans, major scholarships or parental help. At times it required working up to three jobs while taking full credit loads, BUT it can be done. "


That's what I did. Parents treat their kids like the fricken pope these days and the kids grow up entitled. The best investment plan is to teach the little one how to plow his own row in life. Our kids pay 50% of their education and are required to work outside the home starting at 15 for the extras in life plus they have to save for school . You are not doing them any favors by making it easy on them. They go out and get degrees that sound romantic but pay as much as working at 7 eleven. Their first year or two are party years at $30 to $50k . Not on homies dime . Provide him with the basics and that work ethic but do not go into debt or sacrifice your retirement to send them to college. If they want to go they will do what you did and still love you.