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College and University Discussion
Reply to "Middle class families - Are you willing to take on a ton of debt for a top college?"
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[quote=Anonymous][quote=Anonymous]How about let the kid go to UVA and help with the down payment? 100k+ in down payment can set them up nicely for life even in expensive areas. I do know 2 families who sent their kids to UMD (this was for engineering though) and later helped them with 150k in down payment, both kids have starter homes in McLean and work in Dulles tech corridor, these kids will be ready to move onto a "nicer" home in McLean in about 5yrs, it's not a bad life.[/quote] Eh if you go by these boards, it seems like most UMC families do both (pay for private college plus give kids a hefty down payment) plus pay for fancy weddings.[/quote]
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