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Reply to "s/o Is everyone on DCUM planning to pay for their kids college?"
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[quote=Anonymous]We are saving what we can every month, and hope to increase those savings through the years. We will also encourage State Schools.One set of grandparents make small contributions every year- but intend to do more in the future. At our current savings rate, we might be able to pay for half out of their 529s. We will pay what we can during the college years- and will encourage some sort of job during the year and during the summers to pay for extras- like entertainment, travel, off campus dining, etc. I expect my kids will likely take out some loans- but I don't have any desire to make them have skin in the game... it just is a reality I am expecting. My hope is that once they graduate, we can continue to help them pay off their loans... maybe matching their monthly payments or gifting them with various amounts earmarked for those loans. [/quote]
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