I come from privilege. I was born in a 1st world country, I'm in the ethnic majority, my parents are still happily married, both have university degrees and my university degree was entirely paid for [albeit not by my parents]. I'm sure if I looked, I could find what tiny percentage of the population this puts me in, but that's not really the point.
The point is, while I have clearly lived life standing on the shoulders of giants, I'm wondering how to responsibly pass this on to my children.
As Mark and I prepare to close on our forever home I'm particularly aware of, and utterly humbled by, the blessings we've been handed.
In the past year, I've been struck anew by the burden of debt that envelopes the lives of many of our peers. These are married couples who both work and yet can't afford to purchase a home, or upgrade to a larger home, because their monthly college-loan payments are larger than our new mortgage payment will be.
Sadly, I think this is the norm rather than the exception, caused largely by unsupported ballooning of college tuition. I don't want this for our children. And yet, I'm not of the mind that the solutions are any of the suggestions that one normally hears, most of which are along the lines of limiting yourself to 1.2 - 2 children, have both parents work and save up in order to fully fund the child/ren's college years.
So, we're not currently saving up for college, and yet I'm desperately against the idea that my children should needlessly* enter adult life weighed down by a millstone of debt. I don't have a solution. But I have a hope. I hope that my children think and pray long and hard about exactly what they want to do with their adult life. We call this discernment. I pray that we are able to discern alongside them and offer them assistance in the way of a large and loving family, open hearts and home, warm meals and beds and decades of prayer and honest conversations as they make their way towards the adult world in whatever vocation they're called to.
*If they feel called to a career that requires and justifies a mountain of debt, no doubt we would help them with financial planning and encourage them to live frugally (i.e. not student housing) in order to decrease their financial burden.
I would love to hear thoughts from any similarly-minded parents (or kind criticisms if you really feel the need.)