Reply to So how does a two-Fed family that gets fired send a kid to college?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]two fed families have had 18yesrs to save for college. This is what a 529 is for. I’m sorry for people who are well paid white collar workers too financially irresponsible to have planned for their kids education. [/quote]

Plenty of them had to pay off at least ten years of student loans themselves. Some may have had high healthcare expenses (the ACA didn't exist when today's HS seniors were born). Some families may have other children with special needs. Still others may have struggled during the crash that happened when these seniors were toddlers and found themselves deep in recovery for years.

It's so easy to sit on the internet and be high and mighty but it's just as easy to have compassion if you try even a little bit.[/quote]

Based on my life experience, most people are not in this position because of healthcare or other expenses.  They are there because they live above their means and do not prioritize savings. We both had student loans.  But we continued to live like poor grad students until we paid them off---drove entry level cars, lived in 1 bedroom apartment, brown bagged our lunches 9 out of 10 days, at most dinners at home, shared one cell phone (mid 90s, we worked for a cell company and only paid $10/month for service and got the phones for $50, but we chose not to have 2 as extra expenses).  So it's a mindset to build your lifestyle around paying off debt and saving first.

So yes, it's difficult to have compassion for people who most likely simply chose to spend on "wants" rather than saving.  Fact is if you were a 2 fed family for at least 10+ years (and it sounds like they were), then you most likely had the opportunities to save.

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