Reply to Is anyone not saving to pay for all of their kids' college?

Forum Index » Money and Finances

Reply to "Is anyone not saving to pay for all of their kids' college?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]We didn’t save. We prioritize our retirement funds. However, DH made it a goal to work in a university early on to get free college tuition for my DD. He did get a job at a university so my DD’s tuition will be covered. We just have to cough up board/lodging since she doesn’t want to commute. Our house is 30 minutes away.[/quote]

My husband works at a university so this is an option for our kids as well, but only at his school, which is not a particularly big name, competitive, or highly resourced school. There is no guarantee of tuition remission at any other schools, although they can apply for tuition exchange with a group of similarly ranked schools in a consortium. So...it's an ok benefit if kid wants to go there,  but not like what my nephews are getting from their parents working at Carnegie Mellon, which is full tuition there and half anywhere else.

We tend to save windfalls and tax refunds into the 529s, but our HHI is around 150k and we have one in day care, it's just not reasonable to expect to save enough for full pay at a private school. So we do what we can, but consider state schools, less renowned schools with tuition exchange, and limited loans to be possibilities to add to the mix. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics