Newsflash: pampering your kids isn’t good for them. A national study revealed that students whose college tuition was paid for by their parents performed worse academically than their less fortunate peers.
The New York Times reports:
Dr. [Laura] Hamilton suggested that students who get a blank check from their parents may not take their education as seriously as others.
“Oddly, a lot of the parents who contributed the most money didn’t get the best returns on their investment,” she said. “Their students were more likely to stay and graduate, but their G.P.A.’s were mediocre at best, and some I didn’t see study even once. I wondered if that was nationally true, which led me to this quantitative study, which found that it is.”
It’s hardly a surprise that 18-year-olds will take advantage of a fully subsidized four-year adventure through parties, booze, and whatever other joys college brings. Keeping young people in a bubble where they don’t have to work for their own money (and by work we don’t mean cushy internships) is a form of child abuse, depriving kids of the character and capability-building experiences they need to become responsible and effective adults.
At some point, their parents will grow old, and these kids will need to return the financial favor. Bearing the cost of their actions early on will only make for sturdier footing when that time comes.