I thought raising 4 kids would get cheaper once day care and braces were behind us. Then college bills hit.
We're raising four kids and earn too much for need-based college aid. Now we're taking on loans to help two of them afford tuition.
The author, a mother of four, had thought that the financial strain of raising children would lessen once day care and braces were no longer a concern. However, the arrival of college bills proved this assumption incorrect. Despite their earnings placing them in the middle class, the family found themselves once again in a financial tight spot.
They took on loans for two of their children's college educations, but even with assistance from scholarships and parent loans, they still faced significant debt. The author, like many other families, discovered that each phase of parenthood brings its own set of financial challenges, from day care to braces to college tuition. The author is contemplating taking on a third job to help manage the mounting loan payments and ensure their children can graduate with manageable debt levels.
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