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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don’t get why the author didn’t save a realistic amount of money for college.  It’s about priorities.[/quote]

Do you understand that many families work to pay their bills and that’s it. I don’t have enough money to pay my bills some months so there won’t Ben any college savings. Not everyone is living beyond their means.[/quote]

I do and I have sympathy for that.  Her tone suggests to me that was not the case.  She seems surprised that college costs money and that the $14,000 she saved isn’t going to do it.  We saved from the time our kids were little. It was mostly small amounts (and a small direct deposit from one of our paychecks).  We put all of those random checks you get (rebates, refunds, gifts from grandparents, and our tax refunds) into the 529.  It grew over time.  I think $14,000 for a donut hole family suggests they did not really try.[/quote]

NP.  The article struck me the same way.  Given that it is hard to buy a new car for $14,000, I was taken aback that the author of the article seem surprised by the cost of college. The whole thing smacked to me of her thinking that her emergency was now ours.  NOT.  Definitely not.

We were saving for college before our first baby was even born.  We did not do a 529 (if they had 529s back then we didn't know about them) but we had a college savings account.  We put in a little bit here and a little bit there.  By a little bit I mean that if I saved $9.75 at the grocery store because I bought items on sale, then I wrote a check to myself and deposited $9.75 into the college savings account (that was the easy way to do it then).

Yes, I understand not being able to pay bills.  I am a teacher and I teach at a Title I school.  So not only do I not earn a lot but I work with students who come from poor families.  I was still struck by the author's lack of foresight and planning.[/quote]

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