Reply to How do you grapple with the cost of expensive colleges?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We have $180,00 saved for each child. One leaves for college in 2 years and the other child in 5 years. Anything beyond what we saved they will to take out student loans. [/quote]

Wow. $180k for each? Wow. Good on ya! That's impressive.[/quote]

We don't drive fancy cars or have a huge fancy house. We live way below are means. [/quote]

That's good! We don't either, but that still seems like a lot of savings. What is your HHI?[/quote]

Not Pp, but we have the same amount saved for each child.  Our HHI is $220k.[/quote]

Thanks. That HHI helps.[/quote]

When we started saving, we had nowhere near that HHI.[/quote]

I understand and would have assumed that you made less then compared to now.

I didn't mean anything negative. $220k is a healthy income. We gross about $60k less than that a year and have saved what we could over the past 16 years. Our DS is heading to college in a year and we definitely don't have a huge fancy house or fancy cars.  [/quote]

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