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Article: Seeking Financial Aid for Children's Graduate Studies
- Article from:
- The Washington Post
- Article date:
- August 27, 1989
- Author:
CopyrightThis material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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You're financially exhausted. You've just put Child Number One
through college, and she's got a good job. Child Number Two is one
year away from graduation. To your vast relief, you will finally be
able to store up money for your own retirement.
Then Child Number One says she wants to go to graduate school.
Mike Tyson couldn't deliver a harder punch.
Most parents assume that their financial obligations stop with
the undergraduate degree, and plan accordingly. If the kid wants
more education, it's his or her responsibility.
But the universities don't see it that way. Most schools take a
look at parental income before deciding whether to grant financial
aid. Parents of graduate ...