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[quote=Anonymous]OP, this is hard no matter what these jerks say.

Here is where you need to explain the difference with your child between what you can afford, and what you should spend. [b]And ultimately let them decide.[/b]

You have the savings so technically you can afford for your DC to go there. They can take out modest federal loans to make up the difference if that's the case. This scenario isn't crazy and many people do it. It's not unwise per se.

Or you all can look at undergrad as less about what you can afford, but more what you want to spend. I can technically afford a Lexus but I would rather spend my money on a Honda and have savings. This scenario isn't crazy and many people do it. It's not unwise per se.

I have two children. Each had $125,000 in their 529 for college. One chose to spend it all on her undergrad and take out modest loans to make up the difference. The other went to a state school that the world perceives as "less than" but will graduate with no loans and $25,000 in his account. With the future of the world and AI, who even knows what is best. I am glad however they participating in the deliberations and make their own decision so they didn't harbor misplaced regret.[/quote]

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