Reply to If college is so expensive ... why don't more families get need-based aid?

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Reply to "If college is so expensive ... why don't more families get need-based aid?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We do okay (at around $200K HHI until a 50% jump three years ago) but are not RICH.

We planned.  Used the Vanguard college calculator and saved $400-$600 per month in the 529 since birth.

Limited vacations.  Public school.  Not a lot of meals out.  DIY home improvements.  No family support.

Both children will graduate with no student loans.  [/quote]

That's wonderful, but isn't it crazy that we have created a system where college without loans even for the well to do requires 22 years of significant monthly savings to pay for 4 years of education. [/quote]

Education is an investment. I knew mine were ivy/t10 material from early on and wanted to be able to pay for that type of education and experience. With a salary over 250k one can easily cash flow a chunk of it if not all-of it for one student, then 300-500 per month is not that difficult: make cuts, no eating out, no sbux, credit cards that earn miles or $75-100 gift cards per month, use those to buy essentials [/quote]

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