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[quote=Anonymous][quote]This is our situation. I opened 529s the week of birth. We saved. Grandparents helped.

We drive old cars. Live in old house. We still do not have 80k/year saved. [/quote]
+1  If you have multiple kids and income of $150k/year, it's really hard to get anywhere close to $80k per year no matter when you start saving. We started saving for each of our 3 kids before they were born and also increased contributions after the high day care costs ended. 
It's really astonishing that colleges as rich as some of these private schools (which have been called "hedge funds with a university on the side" for a reason) charge so much and only give like 50-60% of the kids any kind of financial help. At these prices, it should be like 90% of the kids getting at least some assistance. 
Sorry to vent but I get frustrated when people act like these extraordinary costs are on the same level as 20-30 years ago and it's no big deal. You can save forever but once your kid is college-age, you find that the assets count against you and any little crumbs of financial aid disappear once you add your 529 savings into the net price calculator.
The options are limited when schools like UMD get 55k applications. Thank goodness for other in-state options and merit aid at some colleges, but it'd be better for the economy and for America in general if cost wasn't the first thing most families consider when evaluating colleges.
I really think there ought to be an organized push from families and employers to make all colleges (including the uber-expensive private ones) more reasonably priced. [/quote]

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