General Discussion
In reply to the discussion: I am shocked--shocked that SC doesn't require the noncustodial parent to pay for college for their [View all]IdaBriggs
(10,559 posts)is the purpose of raising them; giving your children the best start in life that you can afford has been traditional for thousands of years.
Married couples will generally agree to use their resources to benefit their children, which may or may not include helping with college expenses. If divorcing couples, while dividing assets, share/give additional financial consideration to one party in exchange for "future" help, I have no problem with that. For example, "you can keep the house/won't have to sell it so I can get my share of its value, and in return, you agree to pay $XXX to benefit our child(ren) if/while they are getting additional education for their future careers past high school."
No one is *owed* anything except keeping these types of agreements; unfortunately, second (or third) families also want the limited assets, and the first ones usually end up short-changed. And since most people can't read the future, these types of agreements can also blow up if a high end earner ends up in trouble due to poor judgment or economic downturn.
But again, giving your child the best start you can afford is the best long term insurance policy for their financial well being, in my opinion, which benefits both the parents and future grandchildren. Choosing poorly in the spousal department doesn't change the requirement the children have; it just changes the pool of people using the limited financial resources.
My opinion, of course. YMMV.