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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]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] If you managed to save it, and still are set for retirement (as you should be if you saved that much), then why not use it?!?!?! Most likely someone who has done that can add $30K to the account once their kid graduates college and is off the payroll, and that $30K will be a great start for future grandkids as it grows for 25+ years. [/quote]
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