It’s a Canadian value for parents to help pay for their children’s university or college education

This translation has been automatically generated and has not been verified for accuracy.Postsecondary tuition fees have generally been rising faster than inflation in recent years, and the average grad who borrowed owes roughly $26,000 to $28,000. That’s a big load to carry in a world where full-time career-starting jobs can be hard to find., my twice-weekly e-mail newsletter, to tell me their approach. More than 300 people e-mailed their responses.

It’s pretty standard for the newsletter readers who responded to my question to have used registered education savings plans, or RESPs. The big draw with RESPs is that the federal government will match contributions by parents or other family members with a 20-per-cent grant that tops out at $500 a year and $7,200 lifetime. Several parents said their motivation for using RESPs was that their children not struggle as much as they did to cover the cost of a postsecondary education.

Some parents said they’d cover tuition and books, and asked their children to pay other costs. Others asked for a share of their children’s summer or part-time earnings and combined that with RESP money. Among parents of teens, there’s a philosophical dividing line between those who pay the cost of cellphone plans and car insurance for their teenagers and those who have their children pay their own way. Bear in mind that a teenager paying for cellphones and car insurance may not have much left over to put away for college or university.Attitudes toward going away to school versus staying home varied a lot among parents.

What about First Nations in Canada does child welfare save for children in care who actually want further their education. indigenous Canadians in care die or end up homeless. How many make it out of poverty after care. Who saves for education of permanent wards of Canada?

We did, it helped so they did not have to worry about eating proper meals and be able to succeed... they both earned their degrees and have led successful lives

Does anyone want to adopt me

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