Reply to no extra money for 529. is my kid doomed?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Are you an immigrant? My parents were and I got here in high school. 0 savings, all I worked at Jack in Box I gave to my parents to pay the bills. I went to college with scholarships AND lots of loans. Then I went to law school with lots of loans. Then I chose to work in federal government and am now in the highest payment and it will be 10 years of public service and my loans will be forgiven. Your child is not doomed but also not blessed like the rich are. You’ll figure out and so will your kid and he’ll enviously watch his peers do something else they love or travel the world bc they were rich and their parents paid it all and they have loans. But that’s another story…[/quote]

Yes, an immigrant. The loans really scare me as I am myself drowning in cc debt. In my home country, my kid could probably get into medical school with full scholarship so I have a big question about whether he should go there and get free education or stay for the loan-laden American dream[/quote]

Can do medical school abroad and come here after.[/quote]

Horrible advice. Puts you at a serious disadvantage if you want to work here in the States[/quote]

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