Paying for college can be quite a challenge for divorced parents. Yet those who have settled their divorce via mediation or collaborative divorce, might actually have an advantage in this area.
Many couples—divorced and otherwise—have different ideas on whether to and how much to contribute to a child’s college education. Some think their child shouldn’t have to pay anything. Other parents want their child to have some skin in the game and pay for a little, half or even all. Often these different ideas are not addressed until a child is ready to start college. (more…)