I was fortunate enough to have generous grandparents who set aside monies so that both my sister and I would have money to help pay for our college tuition. I received decent financial aid, but it still wasn’t entirely enough to cover the costs that we’d hoped. I’ve been applying to jobs and summer programs like crazy to ensure that I could put some money, anything away to help out more. I found out today that my parents refinanced their mortgage. My mother had talked about doing it as a way to take care of some things, one of which was tuition for both my sister and I. I told her to hold off on it because I don’t want my parents to strain themselves financially or put themselves further in debt for my sake. I was working out a plan to try and figure out how to pay for it. I feel so guilty that my parents do so much and go so far and I don’t know what to do. I just wish I had come up with a better plan sooner, I feel like I’m to blame for this. And the mortgage looks like a daunting amount to pay off and my mother had always hoped to own the house outright and keep it in the family. I don’t know what to do or how to approach my parents now because I feel so bad about it.
