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College and University Discussion
Reply to "Should I just tell DS what we have in his college fund?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Op here - thanks for these responses - we will definitely tell DS. I do feel a lot of guilt, which is probably being too hard on myself. Why didn't I save more so that he could go where he'd want? Why don't I sacrifice more so there's money for graduate school? If I had bought a smaller house 10 years ago, or not renovated our bathroom last summer, or put a little less into my 401K. We are not wealthy, so had to make choices, but I read on this board how people can pay full freight for their kids and it makes me feel unhappy.[/quote] People on here are not representative of the real world. This sight skews insanely wealthy. You should never regret saving for retirement over saving for college. You can finance college, you can not finance your own retirement. It should come first. College costs have sky rocketed in the last 30 years. It is INSANE what they are asking people to pay. It's not worth going into massive debt over. Look around at your coworkers and ask where they went. I bet you can't tell the difference between the UMD and the UNC people. So why pay more for UNC?! [/quote] I went to college 25 years ago and it was $40K for privates back then.[/quote]
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