College LOANS

Classmates,
I can understand how Patti feels. College education is very expensive here in America and we Filipinos would like to provide everything to our children, that is our nature. You know, one thing I learned here in the U.S. is that in order to help the parents financially is for our sons and daughters to apply for student loans. They can pay for the loan after they graduated from College. That gives them responsibilities and also an incentive to study harder in school because they know that they are responsible for paying for their student loan. I did not apply for any student loan because I did not know better and I regret that. We as parents need to take care of our retirement and our future too. We are getting old and who is going to take care of us financially if we don't set aside some money for our old age.We don't want to be dependent on our children because they will have their own family too. THIS IS JUST A FOOD FOR THOUGHT.
MILDRED