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Money and Finances
Reply to "do we have enough saved for college"
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[quote=Anonymous][quote=Anonymous]Ugh…this post stresses me out. We have 100k for my 15 yr old and 65k for my 12 yr old and even though we are throwing money at the accounts every month I realize we aren’t even making a dent to prep for private options…if that’s what they choose. [/quote] Unless you can easily cash flow college (and I doubt you can/should since you only have 100K saved, 3 years before college), then you should NOT be considering expensive private schools that are full pay. Search for merit aid and find somewhere that can be afforded with at most the $27K federal loans (total for 4 years) and your kid contributing by working to earn $10-12K/year (not that difficult to do in DCUMland). So in state school or OOS private or state that offers great merit to your kid are your options. There will be many if you search, just not many in the T50 schools that cost $90K+[/quote]
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