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[quote=Anonymous]I am extremely worried about paying for college. My children are bright, but not exceptional, and one has a learning disability. We have a paid off mortgage and some assets, but we are loathe to dip deeply into our assets to pay for our childrens' college expenses. If we do, we will not have enough money to live on when we retire. DH does not have job stability, and I am in a very low-paying field.

So, what to do? Give up our nest egg so the children can attend a good college? Send them to large state schools, which would certainly not be appropriate for my LD child for a variety of reasons.

I'm hoping my children will get scholarships from some second-tier schools that really want them. They are athletes, varsity level and pretty good, but not extraordinary. I'm hoping this package of decent grades, excellent athletic abilities will get them a mostly free ride somewhere OK. I know two very wealthy families whose children have gotten free rides for the same reason. These families chose to save the $50K per year and send their kids to the "lesser" schools.

And yes, I am pushing my kids to get good grades because I don't want to be poor in my old age, and I don't want them to go to our community college either.

If the price of college had not rise so extraordinarily (what has risen in price over the past 30 years at the rate of college tuition -- anything??) we could afford to send our kids to college with very little help. Now, no way.

My parents were middle class, yet they paid for my Ivy education, mostly. I got a student loan, a small grant and a part-time job shelving books in the library. After four years, I had a small debt to pay off, but nothing like the staggering debt kids are loaded with today when they graduate. I don't want my kids to carry that burden, and I don't want to be poor in my retirement. So it's scholarships or community college for my kids.

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