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Reply to "Paying for and saving for college - how do UMC people do it?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It's amazing how many people attack families for not saving enough, even when they're already saving hundreds or thousands a month. That's blaming the victim. The real issue is that colleges have become predatory and too damn expense. Colleges are wasting so much money. The brand-new football stadiums, the luxury faculty lounges, all the administrative bloat. Tenured professors barely teaching because they're spending all their time on some pet social justice issue. Your tuition dollars are basically just fueling the culture wars. Colleges are strip mining the middle class. Middle class parents should not have to basically take a vow of poverty just so that one day they can maybe send their kids to college.[/quote] Or, you do what we plan to do. Tell your kids what you can afford, which is our state school and discuss money/debt with them. [b]They can apply out for merit aid but they know we can do $30-40K, not $80K. Agree the fancy stuff is absurd.[/quote][/b] +100 My kids are in college and were totally happy with the options that fit our budget. My parents took the same approach back when I went to college. I applied to a bunch of OOS schools but knew the money had to fit the budget. They didn't so I went to my preferred in-state school and had a great 4 years. Happy to not have debt.[/quote]
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