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Reply to "MS parents: How much have you saved for college (529, etc.)? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This post makes me anxious! How do you all save that much? We’ve had many setbacks in the last few years between medical bills and unemployment. Some days I feel like I can barely keep my head above water. [/quote] Breathe. Where there's a will, there's a way. Many people with no savings still manage to make their way to a degree, so stop paying attention to those for whom the path may be easier.[/quote] Yeah, you should probably qualify for serious financial aid (though if you're employed a year before applying it may not be the case). We've saved $38K for 9th grader and $30K for 7th grader. I though that was pretty good until I came here! Annual income is currently under $130K. Even if husband gets a raise, we'll still be under $150K imcome + we have a big mortgage, so hoping to get decent financial aid (hopefully at an Ivy) or merit aid somewhere. But, we better get more saved. My dad will have about $10K for each kid as well.[/quote]
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