Paying for your education

Today my Dad came over to say hi and to pay for the summer course I’ll be taking next month at my University.

The cost for one course during the summer is $854.

After my dad had paid, I said: “Hey dad, I’ve thinking about something for a while now…I want to pay a part of my education.”

I told him that studies show that students who pay for their education get better grades. And it’s true. According to sociologist Laura Hamilton, larger financial contributions from parents are linked to lower grades.

My dad was thrilled and he readily agreed with me. I went upstairs grabed $200 from my wallet and gave it to him knowing that it was a good investment. In another way, I view it in such that I’m paying $200 in exchange for better grades. I’m quite certain most students would be more than willing to pay $200 per course if it guaranteed higher grades.

Now $200 is a bit more than 20% of $854, it’s not all of it but that’s okay. In this day and age, the cost of going to a post-secondary school is extravagant, enormous or too much. Therefore, if we can’t pay for all of education and our parents are wiling to support us, at least, we can pay for a part of it. It can be 50%, 20% or even 1%, as long as its feels being a significant amount.