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[quote=Anonymous][quote=Anonymous]Does anyone have any tips or recommendations for funding what will sure to be an expensive college experience for our kids?

We have two kids in high school, rising senior and rising sophomore. We’ve got $90K and $83K in 529 plans for them each, respectively. There is no chance we will qualify for need-based financial aid, even when both are in college at the same time. [b]Several of the schools we’re contemplating are places like Cornell and Carnegie Mellon that no longer or simply don’t offer merit-based scholarships.[/b] So, we’re looking at $80K+ per year. 529 will cover about a fourth of the cost, but this is still $450K or so over 6 years. Kind of a lot to absorb as part of our monthly budget. What do most people do?

Outside, independent scholarships? Bonuses from work? Exercise stock options? Kids get student loans? Parents get loans? Refinance or second mortgage? Temporarily halt retirement contributions?[/quote]

If your kids are "that" good, they can get merit aids from state flagships/lower level privates. I'd not worry. If they are not "that" good, then you got a big problem[/quote]

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