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Reply to "Does everyone on here with kids applying to top 50 schools really have the $80K per year to spend?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Many people on this board assume people had the funds for a 529 all these years. Many people did not. Also, community college is not a second chance for academic failures. Jeez. Many successful students have started there and continued their education, while working an almost full time job to save for future education after CC. [/quote] The overall stats for the average kid attending CC are far bleaker than you imply [/quote] My wife had a perfect score on her SAT and was an excellent student. She started in CC because her mom was sick and she wanted to be close to home. After her mom passed, she transferred to Brown and got a BA in math and then went on to get her MBA from Wharton. She is doing quite well in life and combined our HHI is over $1M. Most of that is her contribution. I am also an Ivy grad - Yale undergrad and Harvard law. We will pay for whatever school our son chooses. Right now he doesn't have any Ivy on the list. His top choice is GA Tech. If he wanted to go to a CC, we would support that too. [/quote]
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