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Reply to "Need advice on how to save for college - financially dumb parents and tricky situation"
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[quote=Anonymous]OP, your plan to send your kids to university in the UK (or elsewhere in the EU) is flawed. Just because they have EU citizenship does not mean that they will be eligible for lower fees. Unless you move to the EU (at least couple of years, I believe) prior to them attending college they will have to pay fees at the "overseas student" rate. Those fees are comparable to US colleges (public ones) and the cost of living may well be higher. When I went to college in Britain I had to get a letter from my British high school to prove my residency before I was accepted to my course. Your kids will DEFINITELY have to pay full overseas fees if they are US residents. Here's a helpful list of those fees (remember they are in pounds): http://www.thecompleteuniversityguide.co.uk/university-tuition-fees/reddin-survey-of-university-tuition-fees/foundation-undergraduate-tuition-fees-2014–15-overseas/ [/quote]
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