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Reply to "Is anyone not saving to pay for all of their kids' college?"
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[quote=Anonymous][quote=Anonymous]OMG, I looked at the Vanguard cost calculator and it's a little shocking, it says to pay full in state tuition, room, and board for two kids we need to be saving almost $900 more a month. We have about $1000-1500 disposable income per month (for stuff like clothes, kid activities and entertainment, school supplies, home repairs and goods, donations, etc), there's no way we could eliminate all but $100 of that. I don't think we're massively overspending on an HHI of $150k, we're saving 1/3 of it for retirement and take home less than 50%, it's just a lot of money! At least we know we can cash flow part of it since we're paying for day care now, but i am not sure we can do 100%, especially if my kids aren't interested in state schools. [/quote] I hear you. We save what we can, knowing when it comes time for FASFA there is no way around it. [/quote]
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