Reply to MS parents: How much have you saved for college (529, etc.)?

Forum Index » Tweens and Teens

Reply to "MS parents: How much have you saved for college (529, etc.)? "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We have 20,000 so far and I know we are very behind. How much do you have and what is your strategy?[/quote]

As a point of reference for you:

My DD is OOS, at a state school.  She is finishing up her sophomore year.  We started out with $80K, she has $14K left in her 529.  As you can see, not nearly enough to get her through even one more semester. [/quote]

Would the $80K have been enough to go to an in state public college?[/quote]

Yes, but not by much. We're in California where in-state tuition is high AND where schools tend to give preferential treatment to OOS/OOC students - so she would have likely had to go OOS or go to a lower-tier public than where she is currently. [/quote]

NP. I’m in California too, that’s such a bummer to hear. I know the UC’s are competitive to get into, but I actually thought only UCLA and UCB have a significant percentage of OOS students.  I hate that they’ve gotten so expensive :-([/quote]

[b]My cousin from CA started at Harvard, wanted to come home.  Couldn't get into Berkeley as a transfer from Harvard.  Went to local CC, then UCB[/b].

California PP here.  I'm a native Washingtonian, have only been in CA for 6 years. Because of how ridiculously competitive it is to get into pretty much any UC school, it is very common to see many HS grads go straight into community college and then matriculate from there into their 4yr UC of choice.  I know that in the DC area going to CC is considered a "scarlet letter" - but out here it is not at all seen that way.

This Forbes article is a good example of what I'm talking about:

https://www.forbes.com/sites/kristenmoon/2018/11/15/uc-admissions-why-being-an-out-of-state-student-might-just-work-in-your-favor/#2f5ee17527bd[/quote]

Yeah, I’ve noticed about 30-35% off all seniors from my nearby CA high schools go straight to CC. [/quote][/quote]

What a broken system![/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics