Reply to Overfunded 529? What to do with the money?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Just curious: How much did you save in the 529? Depending on where my kid goes to school and if any scholarships pop up, I could be in the same boat. [/quote]

NP - We have 200K. We'll sit on it for grandkids (God willing). By then college will most likely be 200k a year anyway so they'll need all the help they can get.  :D [/quote]

200k not enough for 4 years of college.  Tuition and room/board almost 90k right now at DC’s SLAC[/quote]

It is enough for their child’s undergrad bc they didn’t apply to such an expensive school.  Many of us think the value isn’t there.  [/quote]

Every one is different and that’s fine but if I literally had the money in a 529 and didn’t need it and my kid wanted to go to an expensive school that seemed right for them I would figure that’s what the money is for and not try to decide what the best “value” is.

I honestly think the best value is going to community college for two years but I am not going to sit on $200k and tell my kid to do that.  [/quote]

You need to myob. This is not what OP asked and your lecture is unnecessary. [/quote]

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