How old are your kids and how much do you have saved for each of them for college?

[Anonymous]

Anonymous wrote:We have 4 children: 6, 4, 3 and 1. We have about $40K per child but that came from inheritance of mine that we decided to set aside for them to start college.

However, as a college drop out, and now full time grad school student who has FORKED her own way through school, I feel like paying for my child's education isn't a responsibility but a gift or a privilege to them for graduating. I've worked my ass off-- paid my own loans, worked, gotten married, had children-- and am still making it without Mom and Dad forking the bill.

We may even, depending on the situation, not even tell the children about the money UNTIL they graduate. That way, they won't be partying on my dime. And, I am 25-- and no that a lot of college is sleeping around and getting drunk.

I am in no way saying that every child will party like I did, just to clarify.

Please stop breeding now, for the good of humanity.

[Anonymous]

Anonymous wrote:9, 12. $0.

I paid for all 3 of my degrees on my own. I worked full time while in school. I valued my degrees and worked my ass off. My bothers joined the military and used the GI bill. My sister paid for her bachelor and masters degrees.

My parents paid for my tuition and room and board. I worked my ass off and value my degrees too.

[Anonymous]

Anonymous wrote:How much do y'all plan to save total, as in, where would you stop?

Need about $150K for each.

[Anonymous]

Ages 6 and 8 - both have $100K in 529s..

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:9, 12. $0.

I paid for all 3 of my degrees on my own. I worked full time while in school. I valued my degrees and worked my ass off. My bothers joined the military and used the GI bill. My sister paid for her bachelor and masters degrees.

My parents paid for my college degree 100%. I valued my degree as well and also worked my butt of at school. Paying for ones college does not make one value it any more than someone who does not have to pay for college. Being raised by parents to appreciate what you are given is more important than what you are (or are not) given.

+1

My parents put their six children through private colleges and universities, debt-free. They were not wealthy but they were very hard-working and placed a priority on quality higher education.

We all understood that school was expensive and that my parents had worked hard to make sure we were educated. We were all expected to work and contribute to tuition and to our living expenses, and we did.

And in the end, we were all very well-prepared for life and very grateful to our parents.

They clearly weren't working or lower middle class if they could afford 6 private school tuitions debt free. Or this was a REALLY long time ago.

[Anonymous]

6and4, about $18k each

[Anonymous]

one, 14, $26K. Parents have similar amount in a separate 529.

[Anonymous]

6,6,and 8. 90k in 529 for each. Need more, but feel like this is not bad for 2 government employees!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:9, 12. $0.

I paid for all 3 of my degrees on my own. I worked full time while in school. I valued my degrees and worked my ass off. My bothers joined the military and used the GI bill. My sister paid for her bachelor and masters degrees.

My parents paid for my college degree 100%. I valued my degree as well and also worked my butt of at school. Paying for ones college does not make one value it any more than someone who does not have to pay for college. Being raised by parents to appreciate what you are given is more important than what you are (or are not) given.

+1

My parents put their six children through private colleges and universities, debt-free. They were not wealthy but they were very hard-working and placed a priority on quality higher education.

We all understood that school was expensive and that my parents had worked hard to make sure we were educated. We were all expected to work and contribute to tuition and to our living expenses, and we did.

And in the end, we were all very well-prepared for life and very grateful to our parents.

They clearly weren't working or lower middle class if they could afford 6 private school tuitions debt free. Or this was a REALLY long time ago.

I didn't say they were working or lower middle class. But they were not wealthy by any means. They did prioritize education and did not want us to have debt.

The point is, we understand what it took to pull it off, and are grateful. None of us partied our way through school and we all worked as hard as our parents did to make it happen.

[Anonymous]

$115k for a 7-year old. Funded early and now just letting it ride.

[Anonymous]

Where do you work that your tution is covered? At the University? Will that happen even after you leave?

[Anonymous]

Two kids:

1) VA 529 college prepaid $36k ($42k for 4-year tuition (child 12 years);

2) VA 529 college Invest ($2k; child 5 years)

[Anonymous]

Two kids:

1) MD Prepaid Tuition plan ($100,000 for 5-year tuition for both kids)

2) $100,000 savings. + additional $50 k for next 10 years.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:9, 12. $0.

I paid for all 3 of my degrees on my own. I worked full time while in school. I valued my degrees and worked my ass off. My bothers joined the military and used the GI bill. My sister paid for her bachelor and masters degrees.

My parents paid for my college degree 100%. I valued my degree as well and also worked my butt of at school. Paying for ones college does not make one value it any more than someone who does not have to pay for college. Being raised by parents to appreciate what you are given is more important than what you are (or are not) given.

+1

My parents put their six children through private colleges and universities, debt-free. They were not wealthy but they were very hard-working and placed a priority on quality higher education.

We all understood that school was expensive and that my parents had worked hard to make sure we were educated. We were all expected to work and contribute to tuition and to our living expenses, and we did.

And in the end, we were all very well-prepared for life and very grateful to our parents.

They clearly weren't working or lower middle class if they could afford 6 private school tuitions debt free. Or this was a REALLY long time ago.

I didn't say they were working or lower middle class. But they were not wealthy by any means. They did prioritize education and did not want us to have debt.

The point is, we understand what it took to pull it off, and are grateful. None of us partied our way through school and we all worked as hard as our parents did to make it happen.

They were wealthy if they paid full expenses for 6 kids. Not wealthy people can't do that.

[Anonymous]

We are not wealthy, but we do live way below our means. So that we can fund our retirement and college education for the kids.