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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]
TAXES!!!! This is not 80k/ year extra.

[quote=Anonymous][quote=Anonymous]I think it’s insane that our $250K family did not get 1 penny FA for a $60K/year school.

We were also not always $250K family, we were closer to $160/year, then $180K for a few years. Plus the $250 includes one of us having 2 jobs.

My H is a cop and I was a GS-13 most our lives so we could not really save that much.[/quote]

Well if you still lived as if you earned $160K/year, you could cash flow the $80K/year with the extra.  You could have chosen to save the increases in income for college (or at least part of it).  [/quote][/quote]

Ok, so $40K/year.  Point is you made choices with the extra income. Whatever is right for your family.  However, you were living on $160K.  So you could have saved $10K/year, then $20K/year then up to $40K/year.  What you do with it is your choice, but it does not entitle you to a free education at a T20 school. [/quote]

Great so I make 160 to 250 happened over 6 years. That is $60K for 2 kids.

[/quote]

Plus the $40K extra you still have while they are in college.  So you find merit (hint: it's not that hard to do, just step down a tier or two, it's out there if you really want college to be more affordable) or you do CC and then transfer to a 4 year.  But with a kid working ($10K/year), the extra $40K and the $30K saved, you can find a school for $20-25K/year if you want.  So you haven't saved enough for a tippy top university, so that means your kid doesn't attend one.  Instead they attend what you can afford, or you choose to take major loans at high interest rates and burden yourself for decades to come.  I would not take the loans---I'd find something affordable. Best gift you can give your kid[/quote]

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