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Reply to "s/o Is everyone on DCUM planning to pay for their kids college?"
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[quote=Anonymous]If our incomes stay where they are, we will not be able to afford to pay 100% for our son's college out of pocket. We are saving what we can, and hope that when the time comes he can get scholarship or grants. We will consider whether to take out a home loan to pay for him, or pay his loans for him. But we'll see. My parents paid 100% for my undergrad, and I was responsible for grad school. DH's grandparents paid for most of his college, but he still had $10K in loans, that were paid off within 5 years of graduation. No grad school. [/quote]
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