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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Bill/WA who wrote (30444)4/12/2005 10:23:04 PM
From: benwood  Read Replies (1) of 110194
 
Hi Bill, good to hear from you. I think my wife and I have settled on something similar with our son. He can shoot for whatever dream he wants, but he's responsible for 100% of the grasping for funds, and oh here's our contribution. We'll support him enough that he can come out of it perhaps debt free if he goes for what's available including saving up some on his own, but he knows already that it will be his debt if he goes beyond that. We'll have some flexibility, but not a whole lot. We have two other kids coming up behind him. We're telling him this and showing him how to budget the college year so that he can reconcile the glossy brochures he gets daily with the reality of what his student loan payments could be when he emerges.

Last I saw of the new Narrows Bridge was November when I was driving around to Bremerton to see AL Stewart -- the bridge looked a long way off at that time. That was the first time I'd ever driven across the Narrows Bridge, btw. It will be nice to have a bigger bridge there!

--Ben
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