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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I dont think anything beyond the top 5 are worth 400k.

I totally get the complaints of 30 year olds who say they will never be able to break into the housing market.

But .. I'm a lot less sympathetic if those same 30yo had basically a downpayment-and-a-half given to them at 18 and they spent it all on college.

If you have 5 million, fine. But for those of us who are full pay but not rich-rich, we need to have bigger conversations.

If we were talking about cars and not colleges, we'd all call you out on buying your kid a BMW "because it's what felt right to them". But because we've wrapped this other luxury product (college) in more esoteric clothes, we let it slide.

Again, if you're super rich, this doesn't apply to you. Buy the BMW (every year for 4 years). But if you think you may have a kid who will be 35 and locked out of home ownership, I'd make a more considered decision.[/quote]

The problem with this is that most parents...I might say the vast majority...feel like giving their kid a college education with $0 debt is gift enough.

They are not giving their kid the difference between in-state vs. full pay private to purchase a home or any other purchase.[/quote]

This is how I was raised. Lucky enough to have college paid for by parents and no loans.  But no help after that.  but I agree with PP that the math has changed.  I'd much rather pay fully for college - but one of the many options that isn't 400k - and also help with a down payment.  [/quote]

I get that...however, you are still a tiny %age of the population.  I just find it odd to dump on the 30-year old as though they were given an offer by their parents to choose a cheaper school and get the difference for a downpayment.

Families can be really f**king weird.  Have heard numerous stories where the grandparents said they will contribute to a 529, and then either took the $$$s back or basically lied about opening one up for the kid (note, I guess when grandpa offers, make sure they contribute to a plan that you control).[/quote]

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