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[quote=Anonymous][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.  [b]However you financed college 20 or more years ago has no relevance to how to handle it today.
[/b]
I[b]t's practically impossible to save too much for college.[/quote][/b]

So true. My LAC was $1816 a quarter when I attended, for a grand total of less than $6K a year (that included room and board).  I also received a number of scholarships that no longer exist like the National Presbyterian Scholarship and the California High Performing Student scholarship (that wasn't the name but it was scholarship money given to the best students in the state) and my college gave me a Beinecke scholarship as well.  That tuition in today's rate would be $26,352 a year.  Instead, my LAC is charging $75K a year.  Go figure.  Oh, and most of its graduates now take five years to graduate because the LAC figured ouut that if it can ship most of its students overseas for a year, it could run five classes instead of four through the campus at any one time.  So the kids come back from being overseas and can't get the courses they need to graduate or can't get their theses done.[/quote]

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