How much to fund 529?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

Waste of money.

+1 there are lots of good schools that don’t cost 100k a year. Some of you are just blind consumers

Says the person sending their kid to some State school. In my household we teach our kids to aim high.

What state are you in?

VA has: UVA, VT, WM…just to start.

Not a single one has ever been or will ever be a T10 national university. This is hardly aiming high. We’re talking Princeton, Stanford, Harvard, MIT, etc. UVA is at least worthy of a dismissive eye roll – everything else in VA is a joke.

What a clown. Very few kids want to attend those schools. Even kids with striver parents usually have no interest. And you could have amazing grades, but it's still a crapshoot.

DH and I live in VA and each of our three kids wisely sought out and got accepted into their top OOS options: DD1 - Harvard (Economics / PreLaw), DS - MIT (Aerospace Engineering), and DD2 - Princeton (Computer Science / AI).

We were glad to have squirreled away over $1.2M in their collective 529 plans and OP would be wise to do the same. And, BTW, we’re “DCUM poor” with an HHI of only $320K so too much for any kind of need-based aid but not enough to go in without a plan. You’re the clown and crappy parent with kids too mediocre to achieve anything but participation awards.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

Waste of money.

+1 there are lots of good schools that don’t cost 100k a year. Some of you are just blind consumers

Says the person sending their kid to some State school. In my household we teach our kids to aim high.

What state are you in?

VA has: UVA, VT, WM…just to start.

Not a single one has ever been or will ever be a T10 national university. This is hardly aiming high. We’re talking Princeton, Stanford, Harvard, MIT, etc. UVA is at least worthy of a dismissive eye roll – everything else in VA is a joke.

What a clown. Very few kids want to attend those schools. Even kids with striver parents usually have no interest. And you could have amazing grades, but it's still a crapshoot.

You wasted your time responding to that imbecile POS

Very few imbeciles have medical degrees from Harvard or law degrees from Stanford. Newsflash: I’ve got one of each.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

Waste of money.

+1 there are lots of good schools that don’t cost 100k a year. Some of you are just blind consumers

Says the person sending their kid to some State school. In my household we teach our kids to aim high.

What state are you in?

VA has: UVA, VT, WM…just to start.

Not a single one has ever been or will ever be a T10 national university. This is hardly aiming high. We’re talking Princeton, Stanford, Harvard, MIT, etc. UVA is at least worthy of a dismissive eye roll – everything else in VA is a joke.

What a clown. Very few kids want to attend those schools. Even kids with striver parents usually have no interest. And you could have amazing grades, but it's still a crapshoot.

You wasted your time responding to that imbecile POS

Very few imbeciles have medical degrees from Harvard or law degrees from Stanford. Newsflash: I’ve got one of each.

Please go away troll

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

Waste of money.

+1 there are lots of good schools that don’t cost 100k a year. Some of you are just blind consumers

Says the person sending their kid to some State school. In my household we teach our kids to aim high.

What state are you in?

VA has: UVA, VT, WM…just to start.

Not a single one has ever been or will ever be a T10 national university. This is hardly aiming high. We’re talking Princeton, Stanford, Harvard, MIT, etc. UVA is at least worthy of a dismissive eye roll – everything else in VA is a joke.

What a clown. Very few kids want to attend those schools. Even kids with striver parents usually have no interest. And you could have amazing grades, but it's still a crapshoot.

DH and I live in VA and each of our three kids wisely sought out and got accepted into their top OOS options: DD1 - Harvard (Economics / PreLaw), DS - MIT (Aerospace Engineering), and DD2 - Princeton (Computer Science / AI).

We were glad to have squirreled away over $1.2M in their collective 529 plans and OP would be wise to do the same. And, BTW, we’re “DCUM poor” with an HHI of only $320K so too much for any kind of need-based aid but not enough to go in without a plan. You’re the clown and crappy parent with kids too mediocre to achieve anything but participation awards.

Bragging about your kids and your 529 balance lmao

No class whatsoever

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

Waste of money.

+1 there are lots of good schools that don’t cost 100k a year. Some of you are just blind consumers

Says the person sending their kid to some State school. In my household we teach our kids to aim high.

What state are you in?

VA has: UVA, VT, WM…just to start.

Not a single one has ever been or will ever be a T10 national university. This is hardly aiming high. We’re talking Princeton, Stanford, Harvard, MIT, etc. UVA is at least worthy of a dismissive eye roll – everything else in VA is a joke.

What a clown. Very few kids want to attend those schools. Even kids with striver parents usually have no interest. And you could have amazing grades, but it's still a crapshoot.

DH and I live in VA and each of our three kids wisely sought out and got accepted into their top OOS options: DD1 - Harvard (Economics / PreLaw), DS - MIT (Aerospace Engineering), and DD2 - Princeton (Computer Science / AI).

We were glad to have squirreled away over $1.2M in their collective 529 plans and OP would be wise to do the same. And, BTW, we’re “DCUM poor” with an HHI of only $320K so too much for any kind of need-based aid but not enough to go in without a plan. You’re the clown and crappy parent with kids too mediocre to achieve anything but participation awards.

Bragging about your kids and your 529 balance lmao

No class whatsoever

Fool to believe that poster.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

Waste of money.

+1 there are lots of good schools that don’t cost 100k a year. Some of you are just blind consumers

Says the person sending their kid to some State school. In my household we teach our kids to aim high.

What state are you in?

VA has: UVA, VT, WM…just to start.

Not a single one has ever been or will ever be a T10 national university. This is hardly aiming high. We’re talking Princeton, Stanford, Harvard, MIT, etc. UVA is at least worthy of a dismissive eye roll – everything else in VA is a joke.

What a clown. Very few kids want to attend those schools. Even kids with striver parents usually have no interest. And you could have amazing grades, but it's still a crapshoot.

You wasted your time responding to that imbecile POS

Very few imbeciles have medical degrees from Harvard or law degrees from Stanford. Newsflash: I’ve got one of each.

You remind me of one of the women I went on date with and felt so superior to me because she went to one of the best law school in the universe while I only had a Bachelor's degree in pure mathematics from UC Berkeley. Do you know her by any chance?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

Waste of money.

+1 there are lots of good schools that don’t cost 100k a year. Some of you are just blind consumers

Says the person sending their kid to some State school. In my household we teach our kids to aim high.

What state are you in?

VA has: UVA, VT, WM…just to start.

Not a single one has ever been or will ever be a T10 national university. This is hardly aiming high. We’re talking Princeton, Stanford, Harvard, MIT, etc. UVA is at least worthy of a dismissive eye roll – everything else in VA is a joke.

What a clown. Very few kids want to attend those schools. Even kids with striver parents usually have no interest. And you could have amazing grades, but it's still a crapshoot.

DH and I live in VA and each of our three kids wisely sought out and got accepted into their top OOS options: DD1 - Harvard (Economics / PreLaw), DS - MIT (Aerospace Engineering), and DD2 - Princeton (Computer Science / AI).

We were glad to have squirreled away over $1.2M in their collective 529 plans and OP would be wise to do the same. And, BTW, we’re “DCUM poor” with an HHI of only $320K so too much for any kind of need-based aid but not enough to go in without a plan. You’re the clown and crappy parent with kids too mediocre to achieve anything but participation awards.

Bragging about your kids and your 529 balance lmao

No class whatsoever

Fool to believe that poster.

You wasted your time replying to that imbecile troll.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

+1

In what world is 200K enough? Esp since 529s can cover myriad university-related costs.

The real world. In-state is around 120 for a lot of schools.

Not in Virginia. I paid $160k for UVA and will pay about $175K for WM.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:$400,000 each lowest and $700,000 each if med school or law school a possibility.

Lol

It's reasonable for some people to save for law school, medical school, and other higher educational costs. My parents paid for those things, and they are still over the estate tax limit. When I went to school, the total cost of attendance was $50k (now it is over $90k), and my parents' income was over $1m at the time, so from their perspective, paying for undergrad and graduate school was a no-brainer. It didn't affect their quality of life, retirement plans, etc.

I don't know the stats but if were to guess I would say maybe 2% of the US population has a yearly income over $1 million. With a single year salary they can finance your entire education. 98% of Americans don't have that privilege.

More like 0.5%.

Their answers to these questions are completely irrelevant.

I think they are relevant to understanding who can afford to pay $100k annually for their kids' college. If you're making $250k per year in 2026, it's probably a bad financial choice. If you're making $2m a year, it's a find financial choice.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

+1

In what world is 200K enough? Esp since 529s can cover myriad university-related costs.

The real world. In-state is around 120 for a lot of schools.

Not in Virginia. I paid $160k for UVA and will pay about $175K for WM.

Yes in Virginia. Both of those schools are in another world according to the pp lol

[Anonymous]

Sounds like 200k is reasonable to bank in 529s.

[Anonymous]

We recently super funded 95k per child for our two 4 year olds. We'll probably do that 2 more times so each child has 300k baseline but with 15 years of growth hopefully it'll be more.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

Waste of money.

+1 there are lots of good schools that don’t cost 100k a year. Some of you are just blind consumers

Says the person sending their kid to some State school. In my household we teach our kids to aim high.

What state are you in?

VA has: UVA, VT, WM…just to start.

Not a single one has ever been or will ever be a T10 national university. This is hardly aiming high. We’re talking Princeton, Stanford, Harvard, MIT, etc. UVA is at least worthy of a dismissive eye roll – everything else in VA is a joke.

What a clown. Very few kids want to attend those schools. Even kids with striver parents usually have no interest. And you could have amazing grades, but it's still a crapshoot.

DH and I live in VA and each of our three kids wisely sought out and got accepted into their top OOS options: DD1 - Harvard (Economics / PreLaw), DS - MIT (Aerospace Engineering), and DD2 - Princeton (Computer Science / AI).

We were glad to have squirreled away over $1.2M in their collective 529 plans and OP would be wise to do the same. And, BTW, we’re “DCUM poor” with an HHI of only $320K so too much for any kind of need-based aid but not enough to go in without a plan. You’re the clown and crappy parent with kids too mediocre to achieve anything but participation awards.

Bragging about your kids and your 529 balance lmao

No class whatsoever

Fool to believe that poster.

You wasted your time replying to that imbecile troll.

Really wish you were my doctor jealo of my duvvvurd.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

Waste of money.

+1 there are lots of good schools that don’t cost 100k a year. Some of you are just blind consumers

Says the person sending their kid to some State school. In my household we teach our kids to aim high.

What state are you in?

VA has: UVA, VT, WM…just to start.

Not a single one has ever been or will ever be a T10 national university. This is hardly aiming high. We’re talking Princeton, Stanford, Harvard, MIT, etc. UVA is at least worthy of a dismissive eye roll – everything else in VA is a joke.

What a clown. Very few kids want to attend those schools. Even kids with striver parents usually have no interest. And you could have amazing grades, but it's still a crapshoot.

You wasted your time responding to that imbecile POS

Very few imbeciles have medical degrees from Harvard or law degrees from Stanford. Newsflash: I’ve got one of each.

You remind me of one of the women I went on date with and felt so superior to me because she went to one of the best law school in the universe while I only had a Bachelor's degree in pure mathematics from UC Berkeley. Do you know her by any chance?

What do you expect? You went to a public school that is only somewhat competitive. You majored in a program that is much easier to gain acceptance into than engineering or computer science. You don’t have a graduate degree of any kind. You clearly went to college just for the life experience and probably to Berkeley because you grew up in the California and couldn’t afford or get accepted into Standard or CalTech.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The good colleges cost $100k a year. You are barely half way and only have a few years left. You are behind.

Keep putting money in the account!

I didn't have a 529. My son got into a Top 20 college. It costs around $60k per year. I contribute $24k, he takes $6k in student loans and the school gives him a $30k scholarship per year

Some of you are just insane spending all these money for a 4 years degree. Crazy.

Are you guys aware that universities provide scholarships? Just checking

Top schools do not offer merit aid and many family's do not qualify for financial aid but don't have 80k a year in tuition.

100% false.

DP:
The top 25 schools do not offer much merit. Sure they "offer merit". But most don't consider 10-15 merit awards for 2k freshman to be offering merit. Versus say a t100 school where many offer merit to 80% of students (and good merit my 50th percentile kid got 35% of tuition at two schools ranked in 80s)


But fact remains most t25 schools really don't offer merit. They offer financial aid which is very different. They simply don't need to offer merit with a 5% acceptance rate