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College and University Discussion
Reply to "Donut hole families who are stretching to pay college tuition … are you worried it will be a waste especially with AI "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How much do you have saved, what's your income, and what's your networth? It's all relative. I'm letting my kids go to a private college, but we have $350k per kid in their 529 plans (started early, and the market has been overall very good over the past 15 years). [/quote] Just because u have 350k it doesn’t mean u spend it. U can give that money to your children for your grandchildren.. [/quote] The reason they have $350k in their 529 plans is that we wanted to give them the gift of a great education and put them in a position to choose the best fit without worrying about cost. Our parents did this for us. I hope our kids will pay it forward to our grandkids. We've try to install a pay it forward mentality, but once they are out of the house and adulting, it's largely out of our control. I am definitely not changing how we've planned because of AI. Even if they decide to become a plumber, college is a valuable experience. [/quote] + 1[/quote]
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