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[quote=Anonymous][quote=Anonymous]We are Virginia residents and trying to decide which to do, or if we should do both.  Anyone else struggled with this and what did you decide?[/quote]

We did both.  Pre paid for tuition and fees, 529 for room and board. Spending money up to the kid.   Additional savings in non educational accounts incase they don't go in state- earmarked "college/retirement".

We did the pre-paid in 2000 when tech stocks crashed and I was scared we wouldn't have  enough money.  Then, it cost just over $20k for each.  I think of it as our insurance.  No matter what happens, DCs will have tuition paid for somewhere.   While we would really like for both to go in state, we are not "requiring" it and will pay nearly where ever they go (we have been saving elsewhere too).  We have funded 529 to cover room and board only (~$50k each).  Oldest is now a sophomore in HS and is aiming for engineering at Tech.  So far, his grades are in the bottom half of those [i]accepted[/i] from his HS.  So, not a shoe in, but still in the game.  Since he wants engineering, and if he can't go to tech, he will probaby go out of state to another state tech type school.  We will see.  Youngest is 8th grade, so the jury is still out for him (although based on MS performance, he has a shot nearly anywhere, just have to keep him "in the game").  [/quote]

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