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Reply to "do we have enough saved for college"
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[quote=Anonymous][quote=Anonymous]It's acceptable. I would bear in mind two things: 1. State Us will get more and more competitive, as doughnut-hole families are financially squeezed out of the out-of-state and private options. Don't leave out the fact that these days, only academically strong students can pick where they go. UMD and UVA get more selective every year. UVA is actually very competitive, and UMD is getting there. Raise your kids with the understanding that academics are a priority. Last year, I know some kids who were rejected from UMD with a 4.2 weighted GPA, multiple AP courses, and average extra-curriculars. 2. Tuition costs have historically risen faster than inflation (averaged out over decades). There's a limit to how much you can save - you don't want to live a miserable life! - but you might have to cash flow some of the college costs even if you meet your target and they get in-state tuition. [/quote] By the time OP sends their kids to college, they’ll need a 6.2 out of 4.0 to be considered for a public. [/quote]
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