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College and University Discussion
Reply to "How does most of America pay for these elite schools?"
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[quote=Anonymous]Started saving $150 per month when child was born. Upped it when we could, and if/when one of us got an unexpected bonus, half went to the 529s. One in college now (sophomore), and we had about $110k saved when she started. Fortunately, she got a merit scholarship, but our plan had been half each semester from cash flow (which is much higher now than when she was born) and half from the 529. 2nd child is applying now, and while we haven't heard from all of her schools as of yet, it is looking like she'll be full pay at a $70k+ school. The plan is the same, half from cash flow and half from the 529 each semester [/quote]
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