Some Parents Let Children Choose College, and Pay - New York Times

From friends who are parents of college aged children, it seems that the rising cost of higher education is indeed placing incredible financial stress on households. I am shocked at the tuition of many schools. With four kids who will be in college (God willing) I am worried as well!

Some Parents Let Children Choose College, and Pay - New York Times: "Alexandra Baldari and her parents have talked a good deal over the past year about how to pay for her college education, and the upshot is this: If she enrolls at the University of Miami in the fall, she will bear much of the cost, which could total $40,000 or more a year, on her own.

'The problem here,' said Ms. Baldari, who lives in Parkland, Fla. 'is I'm 18 and looking to go to college, and my parents are looking to retire.'"