Reply to Colleges firing humanities professors

Forum Index » College and University Discussion

Reply to "Colleges firing humanities professors "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]I have long believed that the college market was in a bubble that would burst. This is why I haven't funded our 529s at the level suggested-- I hear 120k per kid, and I don't believe the market will hold at prices that high into the next decade. I'm in a position to pay cash for basically any college without much angst, so the only reason to fund a 529 is the tax advantages. I don't believe the tax advantages outweigh the risk of the market popping and college prices coming back down to earth. 
[/quote]

Sounds like you need to talk with a tax advisor and a wealth management professional because there are a lot of things you can do with a 529 now even if your kid doesn't go to college or tuition prices drop, but you can't go in the other direction and recapture the lost tax savings from cashing out investments outside of the 529 to pay for college if your prediction doesn't come true.[/quote]

+1.  Huge mistake not funding. Also many don’t think the bubble will burst because the schools can just bring in more full pay international students should the American market lessen. Are you prepared to tell your kids junior year of high school that they cs should not apply anywhere but attend community college because mommy was wrong about inflation, the college market, what 529s can do?  Every single money magazine predicted back when that by the time my kids hit college there would be little demand because the American high school population was decreasing. Less demand = drop in fees. Didn’t happen because none of those magazines saw then the huge swell of full pay international students. I would have been wrong if I had followed that advice. Instead I saved and saved from kids’ births and it still wasn’t enough. What will PP be wrong on? [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics