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College and University Discussion
Reply to "To you, what schools are truly worth 90k/year"
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[quote=Anonymous][quote=Anonymous]If you pay half of that, you can save $180,000 over 4 years. If you put that in S&P500 assuming 9% yield, you get 1 million in 20 years. You'll be a millionaire at 45 years old. [/quote] This 1000%. We are being sensible about college. We have nothing to prove to anyone. We will also pay for grad school and significant home down payments, as well as future annual gifts to adult children. I just do not see the value of spending more than necessary on a good college. I am willing to pay for a good OOS public if my children don't get into one of the top in-state publics (we live in VA, so if they don't go to UVA or W&M they will likely go OOS.)[/quote]
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