<human>: Can you succinctly summarize the text in 1-3 sentences?

Hey reddit, I am 22 years old and have a 4 month old baby girl. The wife and I plan on having 2, maybe 3 more kids when it's all said and done. I make a pretty good living right now and will likely be making substantially more by the time the kids are ready for college.

However, I have no plans to help them pay for it. My reasoning is that my parents only paid $1200 of my $80k education. Having to pay my own way through college and work various jobs to keep myself afloat kept me motivated to do well and succeed because i knew how much it was costing me personally. If I failed, I would have been fucked when it came time to repay my loans, etc.

So many of my friends were very bright, but had no financial accountability, so if something went wrong (failed a big test, or something like that) they figured "oh well, just an extra semester". I almost didn't pass a required course that was only offered once a year, the prospect of being held back a year and having to take out another 20k in loans made me feel sick to my stomach and I worked my ass off to avoid it.

Now, that isn't to say that all people who don't pay for their education are irresponsible; two of the hardest working people i knew in college had all of their expenses covered by a combination of scholarships and their parents.

On the other hand, my parents were in no position to put me through college. They ended up filing for bankruptcy my freshman year and have not recovered since. I realize that I will be in a much better position to help my kids than my parents were for me and that this will also hinder their ability to receive financial aid to the extent that I did (Pell grants, etc). Obviously I don't plan to just throw my kids out of the house when they turn 18, but I don't want to pay for the cost of college several times over.

So Reddit, what are your thoughts on paying for your child's college? Do you have any suggestions on a good approach to take?
<bot>: I don't want to pay for my child's college education, am I a cheap ass, or should they be accountable for their own education?