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College and University Discussion
Reply to "I'm glad I bought in the VA prepaid"
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[quote=Anonymous][quote=Anonymous]I'm thinking this look more and more like a good idea. Obviously the earlier you lock in the better the deal, but you are taking away some of your child's school choice. How did you guys know it was the right fit for you?[/quote] They always say a certaoin portion of ones investment needs to be in bonds. If your child does not go to an instate school, you get the money back plus essentially passbook interest rates (which were dent at first but now are zero). So we considered it the bond portion of our college savings portfolio. We also have put in ~$50k into their 529s to cover R&B and books. So both are coverd for instate costs. We save in non educational accounts case they go out of state. If they don't use them, we have extra for our retirement or travel budget. [/quote]
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