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[quote=Anonymous][quote=Anonymous]First, if the kids were truly having problems in public school, that justifies the private school spending. Letting your kids go to bell is a bad way to economize.

Second, the real solution is just to tell your kids now that you hope to be able to pay $55,000 per year for them for college, and that they might have have to come up with the rest through work, loans, etc.

If you can pay $55,000 per year, and they get TAG, that means they can attend any public college in the world, and any private school that really likes them and offers merit aid.

If they’re ordinary bright kids, that should be fine.

Avoid paying for high-end test prep are admissions consulting. If your kids want high-end help, they should earn the money to pay for it.

If your kids really are rocket scientists, and both tenth graders get into any of the kinds of no-merit private colleges that are very clearly better than the University of Maryland or Indiana University (example: HYPSM, or Cal Tech) without special admissions help, then work should get them up to $65,000 per year, moderately frugal living should get them up to $75,000, and maybe your kids could qualify for loans and get up to $82,000, or you could swallow hard, be very frugal and get the total to $80,000.

If you get twins  into HYPSM, without help from fancy consultants, maybe that would be a reason to talk to relatives and see if they could help with getting the kids up to $80,000, from $75,000.

Also, if you get wonderful twins into HYPSM, maybe you could get the financial aid offices to help with loans and capping total costs at $80,000 per year per kid. [/quote]

My kid is really bright and used his brains to accept a full ride to Michigan rather than accept his offer at Stanford. I told him I will invest in a investment property for him with the money or invest in a business. [/quote]

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