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College and University Discussion
Reply to "How large are the loans you've taken out to finance your kids college education?"
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[quote=Anonymous][quote=Anonymous]I guess it's DCUM reality that everyone has saved enough, can pay out of pocket or has wealthy grandparents to chip in. Really, no one has taken out a loan??[/quote] Our kids aren't there yet and we haven't come close to fully funding, but for my two friends and one brother, no one has signed a loan yet. For my brother, he and his exwife are paying 2/3s, my nephew 1/3. They are paying from savings and out of current cash flow. My nephew is working his butt off on some seasonal ferries picking up as many shifts as possible. He's also an RA to cover housing and his wages go toward food. [/quote]
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