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Reply to ""Fully fund" college... how much?"
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[quote=Anonymous][quote=Anonymous]We're assuming the most expensive in-state public in VA (W&M or UVA) at currently roughly 40k/yr total cost of attendance. Instead of projecting tuition growth, we just assume our investments in current dollars will match cost of attendance (so growth in tuition=growth in investments). We did this with our eldest (who ended up going to W&M), our middle child in HS looks on track too and our youngest is in MS and it seems like tuition growth has slowed down. We figure in saving at a consistent rate until age 21 since the cost of college happens over 4 years. Our policy with our kids is that we will fully fund total cost of attendance at any in-state public. If they want to go out of state or private that costs more, they will need to come up with the difference--either through loans, work or merit awards.[/quote] UVA is $50k in state for business and STEM. Just FYI.[/quote]
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