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Reply to "Save for kids' college or pay off my own student loans?"
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[quote=Anonymous]DH and I have $100k left of student loans for both of us. We have a 2.75% interest rate and make too much to take the student loan interest deduction. We have no college savings yet for our kids (2 and 4 year olds). Every month I have $1k-2k left over after bills, repairs, incidentals, etc. What is the best tactic here? I was thinking that it would make the most sense to pay the minimum on our student loans and focus on starting to save $1000/month in a Va529 Invest plan (80% index and 10% bonds passively managed). We live in Va. Does this seem like a reasonable plan? [/quote]
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