I have a friend in college who seemingly belongs to a nice, loving family. However her parents basically told her she was on her own financially if she wanted to go to college. They said she must pay for it so that she "appreciates her education". To me this sounds like an excuse for never setting up a college fund or it's just plain selfishness. Both her parents have college educations, and make good money too, it wouldn't be a big deal for them to contribute a meaningful amount. So now she is piling up the loans and working at least 2 jobs. I don't think this is healthy, physically, mentally, or financially. What have your experiences been with who takes on the bill? I think a 50-50 split would be more reasonable.