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Reply to "s/o Save for kids' college or pay off student loans?"
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[quote=Anonymous]Wow such horrible unhelpful posts. We had $420,000 in student loans at one points so I can sympathize. In your position, I would pay off your loans. For the kids' college, I'd plan on them going to a junior college for two years and then transferring to a 4 year program, or, applying to some small lower-ranked privates that may give your children partial or full scholarships for attending. I wouldn't save anything for their college at this point given your financial situation. You can always take out more loans for them if need be (although this really would not be a good idea). [/quote]
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