For those at BYU or BYU Idaho, are your parents helping your kids pay for college? Why or why not? What do you see as the advantages/disadvantages?
If yes, how much do you think is reasonable?
Just as some background, I have 7 children. My kids are adopted and many have learning disabilities that I do not believe will keep them from college but may keep them from getting scholarships. Also, we make too much $ for our kids to qualify for federal financial aid. My oldest is 9 so I have some time to think about this but I have been thinking that maybe I should start saving as there is only a 6 year spread from my oldest to my youngest so I will have several in college at once.
But I am unsure how much to save, how much to help, etc. I got financial aid and scholarships for college. I graduated with only $5K in student loans. But my circumstances were dramatically different from what my children's will be so I feel like I am walking in unfamiliar territory and I am curious as to what other parents are doing.
Thanks!
Kelly