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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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][quote=Anonymous][quote=Anonymous]Funny you should ask this OP.

When I hit “submit payment” and a link to deduct $42,650 from our bank account last Tuesday- for ONE SEMESTER- I had the same thought. Who in their right mind really does this?[/quote]

1) those with over $20MM in the bank, 2) those with paying grandpas[/quote]

Nope.  HHI $230, have been saving since the children were little (started with $210/month for maxium tax benefit, as our income went up we did a little but more, plus bonus money, etc).  DC 1 got merit aid, so very inexpensive, will have funds leftover for grad school.  DC 2, attending am over $80k per year private, will be a stretch for us, between 529 and cash flow - there will be nothing left for grad school, they will need to pay on their own.

And, we don't go abroad for vacation, drive 10+ year old cars until they die, etc).  We've made education a priority  [/quote]

:roll: Well aren’t you a martyr? You haven’t made education a priority. You’ve made buying into the education industry, with the 80k/yr price tag and luxury dining and gyms, a priority. [/quote]

OP, your kid needs to attend college where they can afford. I'm going to take a guess and say you are first generation, which is fine, I get it.  Here is the secret: look at the colleges' price tag BEFORE your kid applies. [/quote]

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