I was fortunate back in the 60's when tuition was not excessive that my father felt an obligation to pay for my sister and my schooling. My 5 year undergrad was a co-op program that gave me spending money for books, etc. I have continued the tradition by absorbing the total cost for both of my kids undergrad and grad school. Later on in life I have experienced the pressure of 6 figure loans and did not want that kind of pressure added to my children starting out their lives. Now if my son would give me back my AMEX and my daughter my VISA I can start to plan for retirement.
Fred