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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]HHI just over 550k.

We have 2 kids 12&9. Both have Virginia prepaid tuition. We also have approx 100k sitting in invest that will presumably grow. We now only contribute a very minimal $250/mo in the invest. We consider college a done deal. Any extra will be paid out of pocket. I also hope I have raised bright children that take advantage of the VA public schools. I will consider myself a failure if they dont. Only a moron who hasn't been taught basic personal finance wouldn't go the free option. George Mason and UVA did both DH and I very well. Zero debt, great jobs, excellent local network.[/quote]

On that income you can afford to pay for where ever they want to go plus graduate school.  I don't get why you have so little saved.  Yes, you can do very well at a state school, but different kids thrive at different schools.

We have the prepaid and about $80K, maybe more for our 9 year old.  We have about $180K in income.  I'm tryin for about $10K a year, usually more.  We want to pay for college and graduate school. If child wants private and we can afford it we will do that.  My goal is debt free.[/quote]

Just because we make good money doesn't mean we make stupid choices with that money, nor does that mean we teach our kids financial illiteracy.. I don't consider a full state ride "so little".

Dh and I didnt "thrive" at GMU or UVA.  We went to school, got a degree, and used our network to get good jobs. College is a means to an end. Not a social experiment, nor a place for my adult children to find themselves in the most optimum environment.
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Most of us want our kids to thrive, be happy and successful.  Not all kids do well in large schools nor do they have all the majors one may want.  There are many reasons why kids would not choose to go there.  And, not all kids can get in.  You can teach your kids financial literacy without forcing them to go to a specific school because you went.  There are plenty of good state and other schools that are affordable.  I hope my child goes to the state school so we can help with graduate school.    But, I also want them to be happy and be at the right fit for them.  You sound pretty selfish.  But, if you'd rather your big house, fancy cars and clothing vs. best for your kids, sounds like a good plan.  Hopefully those will be the best schools for them.[/quote]

NP, but in case you are not aware there are more than 2 public schools and a bunch of out of state public schools have repricocity with Virginia for in state tuition.

I went to an expensive school and it was stupid and did not pay off anymore than had I gone with the smart and free choice.[/quote]

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