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College and University Discussion
Reply to "What do you mean when you say you "can't afford" a college?"
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[quote=Anonymous]For us it means, we have enough in savings and current cash flow to pay for about $25K/year for our 2 kids. I think education debt is a bad idea when you can get a good undergrad education without it. DH and I both went to state schools, no debt, and have had good careers. So, I will not allow my kids to go into debt for a school that costs more than that. There are plenty of affordable options for them in VA. Also, an important factor is that DH will be 65 when our youngest is graduating college so raiding our retirement savings or taking out substantial personal loans would be stupid.[/quote]
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