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College and University Discussion
Reply to "Did you folks not do ANY saving?"
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[quote=Anonymous]My cousin’s family with a kid going to college next fall. What happened was cultural - dad didn’t have parental help going to college and mom was from overseas where college costs was not as astronomical as in the US. They have nothing saved. Do I feel sorry for them? I would if they hadn’t sold their house for a huge gain couple of years ago and used that money to upgrade their house and bought fancy cars and furniture. Mom is SAHM while Dad has a senior position. They are now looking for merit aid but unfortunately touring ivies and top 20 schools. My suggestion of looking at our state school and lower tier schools were not received well.[/quote]
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