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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This article in the NYT infuriated me:

https://www.nytimes.com/interactive/2018/06/05/opinion/columnists/what-college-really-costs.html

We have only started making @ $185k recently, and have started to save aggressively for retirement finally. But apparently colleges think we will be able to pay $70k a year per kid for college. And that is in today's dollars; our kids will be college age in @ 10 years, so who knows what they will expect is to pay. It'll be instate university for our family, apparently.[/quote]

I have two in college right now. Each is in a college that the total costs are about $42k a year for each.  We earned around $100k when the first was born and now earn about $190k.  We were able to save for both of them to graduate without loans.  We planned for more and thus have a surplus.

It is doable.[/quote]

I'm the PP you responded to. Thanks for your reply. How much did you save each year, and starting from what year? We have @ $18K per kid saved so far. We are able to save $3K per kid a year (we are very far behind in retirement and have been focusing on maxing out the pre-tax savings and the Roth IRAs). We don't have anything saved in taxable accounts for college (or for retirement, either, just for an emergency fund).[/quote]

Don't listen to these people.  Prioritize your retirement - get that on stable footing first.   Do what you can on the student loan savings.  You can borrow for education, you can't borrow for retirement.  [/quote]

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