If you are planning on paying for your kid’s college, it may be hard to get them motivated to 
do the work it takes to get scholarships. 

My husband and I made a deal to give our kids back a percentage of whatever they saved 
us, but only after they maintained their scholarships through graduation.  Depending on 
their scholarships, you can save many thousands of dollars, and your child could have a 
nice chunk of money to go towards a car or a down payment on a house after they graduate.  
Win – Win!

Here’s another idea: A friend of ours told his daughter that he would pay her school loans 
as long as she stayed in school.  If his daughter dropped out, the loan (which was in her 
name) would be her responsibility.  Isn’t that clever?