Do I have enough money for college? Is this fair for the amount I contribute to my son?

Your son can fill out the FAFSA (fafsa.ed.gov) and he list the schools that he wants to send that financial aid info to. He would probably be considered as a dependent student so that means he has to list his parent's info. Since you guys are divorced, he would list the info of the parent that he lived with the most in the last 12 months. Financial aid is an option for him and the FAFSA application is free to fill out so it doesn't hurt to do it. I think its perfectly fine if you only contribute what you can to your son's college tuition. Whatever you and your ex discuss is something that you guys work it out among yourselves. Financial aid is separate from that. I think he should ask his dad to help him with tuition and stuff too

Your son should also apply to a bunch of schools, including ones in-state. Indiana University is a good school, but I am sure there are good schools in your state too and in-state tuition would cost less.

Seriously tell son Hades NOPE.

Where do you "think " he can come up with 45k$ plus housing costs living costs??? Here you looking at 35k$ more.

U a single teachers?

Might as well SELL ur self into 5 - 10 yrs of Debts payments slavery for HIS education.? NOT unless you plan on moving in with him later.

Child can attend local community colleges for first 2 years of degree .

That alone will save HIM/u 10Ks$ in worthless fees costs & over priced classes that make money for college & banks NOT u or him.

He can live at home & work 25hrs wks - school session & 40plus hrs wk during breaks easily.

Commute daily Will save him/u 1000s$ in housing costs.

He can transfer to state colleges for last 2 years of degree programs leading to actual empowerment as many degrees never do pay enough money.

YOU need to be an educated Adult & explain money , debts & DEBTS payments slavery for education to him..

He isn't a congressman..he has to live on what is available not fantasy money.

B an Adult

Say NO

You and your ex-husband need to file FASA forms for financial aid. The university will review your COMBINED ability to pay (even though you are divorced) and let you know if there will be any aid coming your way. Then you can determine what is the best option. Your husband wants each "party" to pay a third. You clearly would prefer that you each pay the same percentage of your income.

The other option is for you to force your son to stay in-state.

Yeah your husband should pay more if he makes that much. Plus, I'd have your son go to a cheaper college. That's pretty steep. He shouldn't have a problem with it, if he knows he's paying part of it.

He should go in state, unless he wants thousands of dollars in loans. You have to be realistic.