<prompt> Human: The house is valued around 700k-750k bought for 575k. It is a 5 bed4 bathroom house and all of his kids are off at college. Its in a very affluent area in Texas so I cant imagine what the property tax is on top of the mortgage. He lives month by month. He bought the house on a 15 year mortgage in 2002. He could easily sell his house and downsize to a neighboring community for about 300k-400k.My main reason for asking is this: He refuses to help pay for college expenses for my sister and I - except for the bare minimum. I just had a conversation with him and he said I will have to spend all the money I currently have on tuition and living expenses and then he will pay the rest. I dont mean to sound entitled although I probably do, but why would a dad not downsize his house in order to help me be in a better financial situation upon my graduation as I will have 0 in savings when I graduate? Is there any valid reason why he decides to hold onto the house?  <response>: Your father has no obligation to pay for your college expenses - you and your sister are adults. 