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][quote=Anonymous]I took out $0 for my undergrad and $70K for law school.  We hope to have enough to pay for our kids undergrad at state schools (or equivalent cost) and [b]we have no idea what we'll do for their grad school.  One thing I learned from taking out $70K is that those kids who have their grad school paid for (by any means), are 10 years ahead of those who have $70K debt!  [/b]

If you come out of grad school with little or no debt, you can immediately start saving for a house/condo -- which puts you on a whole different path financially when you want to have kids, etc.

We probably need to be saving more, but there is only so much $$ to go around.  Like many people -- we'll deal with some problems when they come (i.e. grad school tuition).[/quote]

Nobody should pay for grad school. If they pick a degree that is worth anything, they can get research or teaching assistantships that cover tuition plus pay a stipend.[/quote]

Oh shut up.  LOTS of people have parents who pay for grad school. Mine did not buy many of my peers had free and clear law school educations.[/quote]

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