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Reply to "Husband wants kids to pay for college tuition "
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[quote=Anonymous]Are you sure he's not just cheap? How old are the kids? It's not clear if these are babies and he doesn't want to set aside money each month because he'd rather put it toward retirement or maximizing lifestyle, or they're teens and he's worried about paying out of cashflow. The further you are from college, the less you know about what the landscape and the economy will be like, so it would be advisable to be saving. You could stress the tax advantages of a 529 and at least put the minimum there. You could discuss having them ready to pay for half of college, with scholarships counting towards that. Explain you don't want to end up in a situation where you haven't saved for college and need to drain retirement accounts with a penalty.[/quote]
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