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[quote=Anonymous][quote=Anonymous][quote=Anonymous]
We make 130 HHI and have three kids (admittedly, HHI was over 200k for some years before I became a SAHM).  We’ve prepaid state (VA) schools for two and put in 80k so far for one.  My goal is to pay all of college and grad school for all three.

For us, providing good education is like putting healthy food on the table.  
[/quote]

We're very similar on number of kids, HHI, and higher income before I became a SAHM.  We have $130K between 529s and a brokerage account we're planning to use for college/grade school.  The calculator I use says we can cover 4 years of college for each kid.  I feel good about that.  DH and I got through college on a combination of pell grants, scholarships, summer jobs, and work study.  I borrowed $160K for grad school (DH had a stipend to cover his).  The trade off we've ended up making of these college savings is that we are still renting.  I do wonder if the college savings will be worth it to our kids who are missing the experience of living in a SFH and building community in a neighborhood.  I guess we'll really never know.

I'd like to pay for grad school for our kids as well, but given the trade offs we've already made I'm less comfortable tying up more money for education now so plan to help as they go, take out loans, and help kids to repay loans as needed.  If/when I return to work that will alter our financial planning, and make paying for grade school easier.  It boggles my mind sometimes to think where we could be if I hadn't had $160K of grad school loans to repay, and that motivates me to help them get through school debt free.  [/quote]

$130 K is our peak and not likely to go much higher. Makes a difference. I’m also going to be paying $20 K per year in daycare costs soon. I’m comfortable with the way I plan to help my children. [/quote]

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