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Reply to "Anyone make $200k + not saving much for college?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We make just about that and kids are 4 and 6. We haven't saved anything for the kids, though we generally have about 100k in savings. We are maxing out our 401k which I absolutely think should be a priority. We also bought a house we enjoy. We are not going to "scrimp" our way through life to save every last penny for college. [b]At the height of their daycare we were paying about 35k a year.[/b] I figure we can go back to that mode plus some when the time comes. As youngest transitions to K we will probably look at more specifically setting money in 529s. I graduated college with loans, and my partner put herself through school, so there are lots of routes. We are in VA and their are many options for in-state schools. Where there is a will there is a way.[/quote] Um, are you aware of what college costs in 2016? Public schools can be that much if you include room and board and all the related fees (such as books). What do you think it is going to cost in 12 years? It's not going to go down, that's for damn sure. Don't count on Hillary or Bernie doing anything for you.[/quote] +1 The days of working your way through college are over. How we did a t is irrelevant to how it can be done now. http://www.theatlantic.com/education/archive/2014/04/the-myth-of-working-your-way-through-college/359735/ [/quote]
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