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College and University Discussion
Reply to "I feel like I failed my kids"
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[quote=Anonymous]If you make 270 HHI, it sounds like you can cashflow quite a bit of expenses. At 200k we used a 529 for in-state tuition but cash-flowed about 30k for room and board for our 2. With that extra 70k we could have had another $40k to spend. In other words, we could have cash flowed $70k a year at 270k which is what I anticipate our income will be when child #3 attends. However we are prioritizing retirement so our youngest will have a similar budget to 1 and 2. There’s nothing wrong with a state school, especially a flagship if that’s what you can afford. My kids were told that is they wanted to go private or OOS, they needed merit aid so they targeted schools known for it where they would be considered high stats. [/quote]
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