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[quote=Anonymous][quote=Anonymous]Our oldest is going to be a sophomore and we expect to have to start talking about college. We make 220K and can't really fathom paying over 60k for his college. I doubt we would get any aid as we we have decent equity in our home, no debts, and college savings (120k for him). But how can a school possibly be worth more than the median income for a household? I went to Michigan for grad school, and even that's 50k out of state without room & board. For people that put a limit on how much they are willing to pay for college, how did you have this conversation with your child? Any tips? We have another kid too whose three years younger, so I having trouble imaging the tuition bill for the year they overlap. [/quote]

Our HHI is slightly lower than yours for reference.  We saved enough for both our children to go to out of state schools.  We actually started when we got married and well before our children were born.  If it ended up we had not children, we would have been ahead on the retirement front.

Oldest is currently going to an out of state school that was a much better fit than the in state "equivalent".  It is a great school for him.  Our youngest just graduated and is going to an expensive private i the fall,but received enough merit scholarship so that the cost is roughly equivalent to his brother's.

We live in Virginia and before I had children I assumed that there would be an in state alternative for my children, but in the end they found better options (for them) elsewhere.

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