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Reply to "S/O What is our obligation as parents regarding college $$$?"
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[quote=Anonymous]We have about the same HHI as you, and we plan on paying for our 2 kids’ colleges. Probably the “best” school they can get into regardless of whether in state or private, unless their “best” school is just not worth the money, in which case we will push for state. As for grad school, we are not planning on paying for it - it would depend on if there is any money left over in their 529s, our financial situation then, etc. They are in elementary school now and currently have 100k each in their 529s. We are not going to max out their 529s because we are hoping to pay at least part of their college tuition from the cash coming in from our salaries then. So if our financial situation changes, for example we become unemployeed before then, we can recalibrate. [/quote]
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