Friday, December 26, 2008

American Parents Are Worried About How To Pay for Children's College Education

More and more parents are being stung by the bad economy. The house they depended on to pay for their children's education is no more. It is waiting for foreclosure. Even the bank is not willing to pursue the foreclosure. Just like most financial institutions, it is in trouble.

With massive layoffs, parents do not know where to turn. They do not know where to turn to for help. Yet, the kids are already signed up for the next semester starting in January. The long-ago promise made to susie and Robert can no longer go on. These kids are compelled to work two jobs to make ends meet. So far, they are praying for good health. If they become sick, then most of the money will be gone. More of it will be needed.

Susie and Robert come from an intact family that is not touched by divorce yet. How about the thousands of kids who have seen their parents divorced in the last few years. The situation is dire and bleak for them. So few resources to share and go a long way!

Parents are complaining. They want to work while employers are letting workers go.

What are they to do now?

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