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Reply to "Best financial planning tip for donut hole families"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. We are definitely considering in state but there are a handful of "dream" schools that are oos. Not a lot of them but a handful. If DS gets in, we'd like to send him with as little pain as possible. [/quote] What is doughnut hole to you? Too much for aid at state school or private? There's a big difference. At 135k, we didn't qualify for aid at state schools but did at many privates, not just top tier. Our house is (now) worth a lot, but that didn't seem to be a problem. We paid oof car, paid for necessary repairs/improvements for the year, full year's property tax, full credit card amounts, essentially anything we could, before filling out CSS.[/quote] 250K AGI 200K in cash and non-retirement in securities. After we get a new roof, a new heat pump and insulation (pretty much anything that will save us money during the college years), we will probably pay down the cash and securities to almost nothing. This leads to like 10K in financial aid. This means 75K out of pocket at places like duke and brown [/quote]
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