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College and University Discussion
Reply to "Is there a tipping point , full pay?"
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[quote=Anonymous]we have about 2.5mm liquid and 4.5mm total. two kids, who both knew early on where their interests were leading them - and it wasn't towards lucrative careers. so we said, we can't pay 400k for college and help you later. and we think you'll be a lot happier down the road if you're making okay but not great money BUT own a home (from personal experience). older: classical musician, went to conservatory. there's a lot of scholarship money for classical music so that ended up being 40k a year COA younger: classics major, interest in academia. went to UK. expensive but just 3 years. kept powder dry for down payments. we'll take advantage of shifting 35k from 529s to ROTH IRAs for each. if they had an interest in tech or business or something, I would have felt better doing full pay.[/quote]
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