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Reply to "s/o Save for kids' college or pay off student loans?"
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[quote=Anonymous][quote=Anonymous]OP I wouldn't save any for your kids' college. You can't afford it. State colleges are fine. DH didn't get any help from his parents. We married young and easily the two of us paid off his student loans (80k) before 30. [b]You need to start saving for retirement so you're not a burden on your kids. Don't put them in the position of helping you plus paying off their own student loans. [/quote][/b] +1. I agree. They can take out loans for school, but you can't take out loans for retirement. There are avenues open to kids to help offset college costs. My DH received a full scholarship and stipend package through the ROTC when he received no parental help. Not everyone wants to go into a university ROTC and be committed to the military after graduation, but it's a trade-off. We started our life together without loans (and both have master's degrees too). [/quote]
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