Reply to Donut family: Pay for T10 or go to state for almost free

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[quote=Anonymous]I can’t tell you what to do, but I can tell you what my family will do.

We have decided college debt for undergrad is a bad investment, and to send DC to the best school we can afford from savings and cash flow. We have a designated college fund. It can pay for an in-state public.

We have also decided that other investments like retirement and housing and savings need to happen too, so we won’t be selling the house to pay for a Bachelors Degree.

We have decided that we would like our only child to have an inheritance if possible and that includes things like real estate and cash.

We have decided not to set limits on courses of study, if you want a puppetry degree or whatever that’s fine since the plan is to come out of undergrad with no debt and there is always grad school for a professional degree.

Finally, we have decided to be honest and open about these goals with our child and let them know exactly what we have to spend.

I wish you calm and peace when making this decision with your child.

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