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College and University Discussion
Reply to "High income but 3 kids in college at once- financial aid"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is why you forego vacations and restaurants and Starbucks and salon coloring and manicures etc as needed once they are born to start saving for college. You had 18 years’ notice. [/quote] Haha 18 years of no Starbucks doesn’t make nearly enough for three college tuitions. This is the dumbest advice ever. [/quote] Starbucks, hair, nails but it depends on what you spend. Vacations, new cars, yes. It absolutely helps, especially if you have three kids and want to send them all to private.[/quote] I know people who make that much money and still don't have enough for private college. I haven't seen them doing any of the things first PP mentions. You people just looking to judge. [/quote] How is that possible? High mortgage? Then downsize, move to cheaper area. Fancy cars? What are they spending on??[/quote] Did you read it was a recent income spike? We are in a similar scenario from medical school loans. We’ve been “spending” to aggressively pay them off before our kids start college. My husband wasn’t on staff and making much until 32 years of age. We have a lot of catching up to do, and unfortunately it wasn’t on vacations. It’s very different from people who’ve been making it for several years. I agree - people are just looking to judge. [/quote]
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