Reply to s/o Is everyone on DCUM planning to pay for their kids college?

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Reply to "s/o Is everyone on DCUM planning to pay for their kids college?"

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[quote=Anonymous][quote=Anonymous]My parent paid some, but gosh I don't know HOW in this day and age my husband and I will ever be able to do it! We are 4 years away from our first going, and it looks nearly impossible even now! I had jobs, worked on campus for few room and board, yet still I had 10k in loans. And thats nothing compared to what my kids are going to be saddled with. It's definitely a haves versus have-nots world.[/quote]

Here is how you will do it:

[list]You will save as much as you can[/list]
[list]You will encourage your child to perform at the highest possible level given his capabilities[/list]
[list]You will consider in-state options[/list]
[list]You will consider out of state options, public and private, that offer merit aid.  The key will be identifying schools for which your child is very well-qualified by a large margin, e.g. schools in which your child is in the top 25% of admitted freshmen.  Those are the schools that will award your child big merit scholarships.  This part of the exercise entails losing whatever attachment you may have to brand names, because brand-name schools do not, by and large, award any merit aid at all.[/list]

Buy the book [u]The College Solution[/u] and read it cover to cover.  Then apply its strategy.[/quote]

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