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Reply to "How do people fully fund 529s"
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[quote=Anonymous]OP, this doesn’t help you now, but to answer your question, I opened 529s for each of my two young kids (now 6 and a baby) when I was still pregnant, and gradually increased the monthly amount we put in each, as we’ve gotten raises, etc. Now we put in a little over $40K/year, because I want them to have the option of going out-of-state or to a private college with no loans (and if they go public or service academy, great, they’ll have money for grad school and/or I’ll save for grandkids). DH and I both went to a pricey private college and also got grad degrees from private universities, and paid for it all ourselves through a series of scholarships and a lot of loans (now all paid off!), but it was stressful. It’s really important to me that my kids have the freedom of not having student loans, and I’m grateful that we can hopefully provide that option for them someday. I think you’ll be fine, though you might have to have the one who wants to go out-if-state weigh the perceived value of whatever school that is against having student loans. [/quote]
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