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Reply to "College savings--GAH!"
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[quote=Anonymous]We have one child and do not have high incomes. We put aside enough to get the tax deduction but no more. It's an automatic deduction. We are scrimping now so the money has longer to grow. That said, I don't think we owe our child full college tuition. We need to put our retirement saving first. The college savings account will hopefully pay 50 to 75 percent of the cost and then DS will have to work to pay for the rest. That's what I did, and it was good for me. [/quote]
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