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College and University Discussion
Reply to "Do families with $250K in income get financial aid? If not, how do they afford college?"
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[quote=Anonymous]Hi OP, New poster. We make $250 but only for the past few years, we were at $150 when the kids were in daycare for example. We are focused on public schools and looking to pay less than $50/k a year, so $200k per kid. Our 18 year old is going to an SEC oos public school where he got a $16/k a year scholarship. Total yearly cost $44k all in. We have $100k saved for him in 529 and $80k for DC2 age 16. The rest we will pay through selling some stock bonuses I have received (80k), cash flow, and loans or home equity if needed. I feel very lucky and I can’t believe some people are trying to pay $50-80k a year on less than $200k hhi. It means a lot of loans. [/quote]
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