I think this is a wonderful idea. I am glad I was able to read through the thread.
I do want to put my two cents in about helping to pay for an education. I am not sure some of the grandparents on this board understand what is going on today in higher education funding but many of the grants and awards we received when we went to college are no longer available. Also tuition is raising through the roof! I am sixty and my two daughters went to State College and ended up with almost $100,000 in debt and we are still paying on parent loans!
So, the memories are wonderful, being able to pay the mortgage, eat, and get your kids through school, much more so. If you can, help with both.