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College and University Discussion
Reply to "Paying for college costs"
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[quote=Anonymous]DD1 is a current college frosh, DD2 is a HS Jr. Our HHI has been around 110k-150k over the last 10 years. We started 529s when the kids were about 8. We started w/ $25/mo plus more when we'd get an influx (I freelance). Now we contribute $100/mo and a chunk of $1-2k periodically when we get an influx. We hoped to have $40k/year (160k) per kid by the time they finished college. Was hoping for $100k ea by the time they started. Last year's market slide affected everything adversely. DD1 had about 70K and DD2 50k. DD1 got good FA at her reach school. Total cost this year was around $30K. We took max student loan of $5,500 and paid the rest from regular savings. Hoping FA will be similar for next year and market will be better too! Also hoping that some schools will still give a FA break to parents w/ more than 1 in college. [/quote]
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