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College and University Discussion
Reply to "How do you grapple with the cost of expensive colleges?"
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[quote=Anonymous]Our oldest is going to be a sophomore and we expect to have to start talking about college. We make 220K and can't really fathom paying over 60k for his college. I doubt we would get any aid as we we have decent equity in our home, no debts, and college savings (120k for him). But how can a school possibly be worth more than the median income for a household? I went to Michigan for grad school, and even that's 50k out of state without room & board. For people that put a limit on how much they are willing to pay for college, how did you have this conversation with your child? Any tips? We have another kid too whose three years younger, so I having trouble imaging the tuition bill for the year they overlap. [/quote]
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