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College and University Discussion
Reply to "Did you folks not do ANY saving?"
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[quote=Anonymous][quote=Anonymous]When I went to UMD instate tuition was $7k all in and room and bird about the same. Now it's $13k tuition and $12k room and bird. And this is just UMD and not a private institution. People maybe have saved but at expected rates from when they went. My parents house in 1999 in Bethesda was $320k and they made about $180k hhi. Our house in silver spring is $750k and we make $220k hhi and have childcare costs. So savings is just harder. And I can't even afford to buy their house not at my hhi. [/quote] $750k of house is a fair amount of house in Silver Spring. Compare that to my House and just the difference in our heating bills over the 18 years of child rearing could pay for a fair amount of R&B. [/quote]
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