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[quote=Anonymous][quote=Anonymous]I'm a teacher who currently makes around $60K but my DD is 10 yrs old right now.  I'm wondering how I'll ever afford even a state school.  In the next few years, I can start saving maybe $100/month for college but that's it.  The fact that some of you pay more than I gross in a year for college makes me wonder what to do.  I know there are a lot of schools that would give a lot of FA but what if my DD doesn't get into them?  I am not against student loans because I had them myself but if she doesn't get into the schools with who give out lots of FA, what is left to do?[/quote]

Keep saving what you can and I assume your pay will go up over the next 7-8 years, too.  But I think you'll probably get a decent amount of aid.  You are a single parent?   Or that's the only income?

I heard a financial program once that said you should think of it in 1/3s.   Save a third, pay a third as you go, and borrow a third.   That might be a more manageable way to look at it.

The other option is to look at the prepaid plans for the 529s.  That locks in today's tuition costs.   Maryland offers a lot of variety there.  Not sure about other states.   Pay two years of community college, or two years of a four year college, or the whole thing.   [/quote]

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