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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I am confused about the $5K in tuition a month while there is $300K in the 529.  I am also confused about $500 a month for health insurance when one of you is a federal employee.  [/quote]

I am too! The 529 is there for college tuition. Even if you split it into three, there's still some money there for the first. Your savings are more than OK (seriously- almost a year's worth of expenses). I'd hold off on making any decisions until you have more information. I'd talk to the financial aid office and see what kind of aid you might get though.[/quote]

Our DD is at an elite private college (think Duke) so the expectation was the tuition would have a good ROI.  We were paying out of cash flow as $300 won’t pay for all 3 kids to go to private college, and we may be retired by time youngest goes.

Yes we can have her drop out of college, but community college puts her on a very different path. Obviously if we had known we would be RIF we would have pursued in-state only; now we have to try and setup a transfer which won’t be possible till Sept, assuming she is accepted. [/quote]

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