Um, sorry to interrupt, as this seems like kind of a serious conversation I'm butting into, but:
Wow! You guys are still here after all this time?
I came back to see if my Top 20 Comics thing was still here since we're almost to 2020 and I wanted to see how stupid I was back then. Saw you all posted as recently as yesterday and just had to at least say "hello". Found my password still works and here we are.
I've only read the last couple of pages and I feel reluctant to offer an opinion, but I will join the others, smokes, in being impressed with both your and your son's accomplishments. Well done, lads.
At any rate, apologies again for cutting through...
Wow! Your post was a pleasant surprise. Really it was.
Thanks for the compliments and I can't stop thinking back to the photos I posted of my kids building an igloo on Clapham Common back in the early days when the old guard were all active. Now my son is about 6'2" and rolls off advanced mathematics like it was going out of fashion (such a far cry from igloo construction in both ways), I'm not sure whether I should feel proud of the progress or woeful of how old I've become in what seems like a very short period of time. I suppose I should remember that I went through my latest endeavour expecting about another 15 years in the workplace, so I'm not completely over the hill yet.
Nope. You are enjoying the fruits of a fertile imagination. But welcome back, anyway.
You are alone in the universe, a universe where smokester is an ideal dad who worries about the future of his promising progeny.
I say, a) let him go if it's the best place for him to study, and he feels strongly about attending the place and has good reasons for it
and b) if he's cool with staying home while he attends a local school, then fine. The economic advantages are obvious and he seems like a bright kid who can do a cost benefit analysis among other skills. Don't feel guilty about that. But let him decide. I think it's great that you are so supportive.
I was chatting about this (our forum debate) with him last night and he thinks he'd probably utilise the facility to stay in "halls" for the first year, and then move back for the remaining 3 (he's applied to do a 4 year degree with a built in masters) to minimise outgoings and be close to the work I'd give him. Seems like a good plan but has no one mentioned to him the existence of the opposite (or same) sex, romantically speaking? That could dictate your "living" situation.
It isn't really debt, per se, but more of a specialised tax. If a graduate doesn't earn enough, the outstanding sum goes away, and if they do earn enough they are subject to a special-to-person supplemental tax for a while, to pay (some part of) the money to the guvmnt. It really isn't like a mortgage.
-- you can certainly contribute to him to ensure that the debt doesn't get too high anyway, if that is your intent (but beware - students have a habit of spending their income on things other than reducing their debt! Your contribution would likely be better in paying his tuition/ rent/ fees rather than in real beer tokens)
Thankfully, he kind of thinks like me in as far as debt and would prefer to stay away from it if at all possible. This is in stark contrast to his sister who get advances on her allowance, and then gets advances on advances. She's a walking credit card in the making.
I could employ him at £100 per day and I'd still earn twice that on his input as he's better skilled than most I employ as he's worked hands-on with me since he was in single figures. He also, while liking an occasional beer, has a bit of an aversion to overdoing it as he thinks I drink too much. Point being that it wouldn't really be helping him out as a gesture, it would be good business all round and whatever he chose to do with his income would be entirely his own affair. I'm pretty sure that it would go on something "techy".