"But I Thought We Were Friends!"

Every parent wants to feel as though they are also their child’s best friend but playing both roles to perfection is something even Oscar winners grapple with. Setting a good example and being well liked at the same time is a definite challenge – one that increases with each birthday your child has. Now that they’re tall enough to ride the scary roller coasters and old enough to buy tickets to R-rated movies, they may think the only rules they have to listen to are their own but if they’re still living under your roof – even if it’s just during school breaks – they’ll be none too pleased when you pull rank. But you’re the parent, it’s your job.

There’s a time to be a pal and a time to be a parent and when it comes time to talk finances, grades and living arrangements, playtime is over. For example, if your child signs up for a credit card and runs up a huge bill they can’t afford, you’re not going to take them out for ice cream…you’re going to sit down with them and determine how they are going to pay for this costly mistake. Go through the statement item by item and offer to cover the school-related purchases; anything else – take-out, clothing, fireworks – is their responsibility. If they still can’t pay down the amount, set up a schedule that will allow them to pay you back little by little. (They may need to pick up a part-time or work-study job to do so.) Instead of using credit cards, you can suggest a stipend for each semester. Once your child exhausts these funds, they will be on their own financially until the next break so they will be more likely to learn the importance of money management earlier on in their college career.

As for grades, they are typically released a few weeks after final exams and are released through the mail and online in your child’s name. If you are paying tuition, you’ll surely want to see if your money is going to good use. When grades are lower than expected, don’t automatically assume your child skipped classes and neglected to study; average to sub-par grades during the first few semesters are often due to the difference between college classes and high school classes and it’s likely your child is still learning the proper study skills needed to succeed. If poor grades continue into sophomore year, however, your child may not be trying their hardest or is neglecting classwork in favor of outside distractions. This is when you need to discuss the possibility of your child using a tutor or visiting professors and teaching assistants during their office hours to review the material. Unless your child lives with you, you won’t be able to tell if they are taking the steps necessary to improve their grades so if their marks continue to spiral downward, it’s time to consider having them move home, transfer or take a semester off to regroup. They may not be thrilled with the prospect of leaving the life they’ve made for themselves on campus but it will be worth it if their grades and enthusiasm for school improve from doing so.

Your child is technically an adult now but they’re a loooooooong way from knowing the answer to every question. As a parent, you too may not know what to do in every scenario but by remaining firm in your decisions, your child will learn by example and remember these lessons next time they find themselves in a pickle. Parents that are so obsessed with being a friend often neglect discipline altogether and their children end up poorly prepared to deal with what life throws at them as a result. Sure, your child may say they hate you for sticking to your guns but they’ll be eating those words in the not-so-distant future when they put your teachings to good use.

Need a private student loan? Compare your student loan options all in one place. SimpleTuition

NCSA Sports Recruiting

Latest College & Financial Aid News

Becoming a Better Communicator

by Carly Gerber You may be thinking that the day you head off to college, you will be freed from listening to your parents’ opinions. Slow that ship before it hits the bridge: While it’s true you will become more independent at college, your parents (and their ideologies) still exist. For example, deciding the major you want to pursue is exciting but just as you have picked it, your [...]

College Class Size: Does It Matter?

by Mike Sheffey Large classes or small? As colleges look to save money per student, this has become a key discussion topic. Recent studies are now showing that redesigning the typical lecture-type lesson has proved successful in large class settings, boasting higher exam results than those on the old model...but I think it really depends on the institution. I can only speak from [...]

The Biggest Career Mistakes of 20-Somethings

by Chelsea Slaughter I read recently this article on the Huffington Post that I would like to share with you all: the eight biggest mistakes that we “20-somethings” make in careers. I chose four out of the eight that college students should really be mindful of because these tips could possibly prevent you from making the same mistakes! You Think You Can't Make Money While Pursuing Your [...]

Follow Us:

facebook twitter rss feed