Reply to How do you grapple with the cost of expensive colleges?

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[quote=Anonymous][quote=Anonymous]Op, make sure the older one doesn't eat-up more than their share of money available for college. Keep it equitable. Above all else you don't want to say, "no" to a choice because too much was spent on the oldest sibling.
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This is OP speaking. We are very aware of this and we intend to have around 140K saved up for each before they start. We might let the younger one a few thousand more a year because college seems to go up 1k a year. Someone suggested 30k from savings and 30k from income but that's not going to happen because we have to continue saving for the younger one while their older brother in in school. It's refreshing to see how common this problem among posters. It's seems like of people are infatuated with the expensive, name brand schools in this area. My son hasn't really thought much about colleges, though he's been to Maryland for camp a few times and liked it. I'm secretly hoping he ends up there, it's close to home and leaves money for grad school![/quote]

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