Reply to "free tuition for people making under $x" is problematic

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Reply to ""free tuition for people making under $x" is problematic"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If retiring early means my kids go to college for free, I’m in. So much of my after tax income will be going directly to tuition for the 3 years I will have both in school that I don’t think there’s a financial benefit to working.

I will run the numbers, but this is a serious consideration.  [/quote]

You need to really investigate the “typical assets” situation. I did retire early for reasons unrelated to college costs, bringing our HHI (at least at the moment) to just over $200k, and the NPCs are coming out at “lol! First deplete all your assets.” [/quote]

Obviously!  If you have assets or income, why wouldn't they expect you to use it?  Retiring early to get "FA for college" is really not a smart idea.  It's akin to the, "well if I just never made more than $100K for the last 18 years, we wouldn't have any assets and we could possible get free tuition if my kid can get into one of the T25 schools that offers that.  Nevermind that admission rates are single digits, let's shoot for that and hope" [/quote]

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