Reply to How does most of America pay for these elite schools?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]In our case - both sets of grandparents are also paying, we only have two kids, and we can live comfortably from the lowest salary, so we also pay as he goes for DC1's med school. We make almost 500K/year and we moved to a lower COL area, so our mortgage is low.   [/quote]

so basically you didn't need to save anything and you could still fund your kids' college and beyond. the vast majority of parents whose kids go to elite colleges have big homes AND fancy vacations AND nice purses AND fancy clothing. you can't save your way to 80k/year tuition, and even if you can, you shouldn't. it's like private k-12.[b] if you need to eat $1 ramen noodles to pay tuition, it's not for you[/b].[/quote]

Those are your priorities.  Don't tell others how to spend their money. [/quote]

NP, fair enough. I suppose I would rather have a more balanced, well-rounded diet, eat out occasionally, be able to take small vacations and have my kids go in-state or on substantial merit / full ride scholarships to top flagships.[/quote]

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