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Reply to "Does this seem like sound advice for paying for college?"
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[quote=Anonymous]Definitely pay off the house first so you aren't saddled with paying interest on that for any longer than you have to. Also I find it difficult to choose college savings plans, esp since there are so many restrictions and policy info details to go through before making a decision. I don't want to already decide that the baby will go to school in a certain state, for example, nor do I want the 'lock in' rate at what it is now. What if college prices drop (unlikely, but possible) or he receives a scholarship? Or opts for a trade school or a work-study program? I'd prefer to invest the money somewhere or pay off the existing debt we already have. [/quote]
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