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College and University Discussion
Reply to "Paying for college - strategy with 4 kids"
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[quote=Anonymous]Over 14 years you saved enough to put the 9th grader through college. You now have about 16 years to save enough to pay for the other 3. My guess is that you need to save $900,000+ over those 16 years to pay for a full DCUM spend-fest school. Interest will pay for any cost increases beyond that even if none of your DC forgo the spend-fest schools. That is about $60k per year or $5k per month. Certainly not easy on $250k per year but not impossible unless your job situation is deteriorates. [/quote]
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