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Reply to "How much have you saved for college?"
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[quote=Anonymous][quote=Anonymous]$10k for an 18 month old. Also have a newborn with $500 in her account. Each account will be funded $500/month - should cover state schools, and we will save additional funds elsewhere once the daycare bill calms down, as the goal is to allow kids to have maximum flexibility on school choice w/o having loans without tying all our money into the 529. HHI is $375k, we are mid 30's.[/quote] Meant to add, we will follow what my parents did - children will take out federal loans and any semester they are on dean's list, we will pay the loan on their behalf. Gives them some skin in the game without porking them over.[/quote]
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