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College and University Discussion
Reply to "Did you folks not do ANY saving?"
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[quote=Anonymous][quote=Anonymous]So, how much have people been saving? [b]Coming from a middle class background, Half of my colllege tuition was grants and loans going to a top 10 liberal arts college. [/b] My wife went to school overseas and doesn’t think saving is important. I have been putting 2500$ a year into a Maryland 529 making 13% return for 10 years. That is the max that has tax benefits in Maryland. I know I need to open up another fund in my wife’s name and enter another 2500$ per year.[/quote] The world has changed. However you financed college 20 or more years ago has no relevance to how to handle it today. It's practically impossible to save too much for college.[/quote]
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