“If you told your daughter or son they have $200,000 to get through college, what do you think they’d do?” a father of four asked me the other day. His answer? “They’d go to a junior college for two years and spend about $100,000 on college. And then they’d pocket the rest.”
But Christina Kim, the mother of 18-year-old Jonathan, doesn’t have that kind of money. She called me to say she was making a tough decision: to postpone college for her son until he has an idea of what he wants to do with his career.