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Money and Finances
Reply to "Is there a calculator or benchmark for how much college we can afford?"
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[quote=Anonymous][quote=Anonymous]Why haven't you saved more? We make less than you and saved for four years of state school.[/quote] DP +! OP - seriously, your kid is in HS and you’re just now trying to figure this out? We’re a two fed family and knew from when our kids were born that we needed to save, and save aggressively, for college. We drove old cars, bought less house than we could afford, went on reasonable vacations etc bc 20+ years ago it was obvious college was going to cost money and baring some serious unfortune we were going to be on the hook to pay. This comes from first hand experience were both our parents encouraged called but paying for it was on us. We knew we weren’t going to do that to our kids - and this is before the insane cost increases in tuition. That said we did manage to save for 3 kids - one graduated, two still in college. Which is why I think this poster had a legit question. If you’ve got other kids coming behind, I strongly advise you to educate yourself on college options and take a good hard look at your lifestyle and what tradeofffs you’re willing to make. Good luck to you.[/quote]
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