Reply to Why do donut hole families

Forum Index » College and University Discussion

Reply to "Why do donut hole families"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I went to college from 1999-2003 and have a toddler now. My parents definitely did not need to save for it for 18 years, nor did they need to base the number of kids they had on how many college tuitions could be afforded. Times have changed, and in this regard, I’m not certain these changes have been for the better. [/quote]

But it should come as no surprise to you that college costs are increasing.

[b]There are ways to get a college degree today for $25-30K/year.  [/b]There are also ways to do it for less if you are a top student/decent student.  It just might not be at the "best school you can gain admission to".  For that you will have to pay.  Not willing/able to pay, then you find the good schools that will make it affordable for you.

If it's important for your toddler to attend a T25 school, then you need to plan and save.  [/quote]

The fact that you throw this out there as if 25-30k is supposed to be affordable shows how out of touch you are. :lol:

College costs are increasing?  Shouldn't come as a surprise- you should have planned better!  Retirement/health care costs increasing?  Shouldn't come as a surprise- why can't you eat more ramen?  Home prices increasing?  OMG, this has been known since forever, why can't you still live with roommates?[/quote]

Kid earns $10K working summer, breaks and during the year (could earn more if highly motivated), kid takes $5.5 in federal loans.  That leaves $10-15K for the family to figure out.  While not perfect, with just a little bit of planning (18 years), many people could save $3-4K/year.  Or you have kid do Duel Entry and get their AA in HS, then they only need 2-3 years for BS/BA.   Or you live at home and do AA which can be paid for from the kid's working, the kid can save some over the 2 years and then only need 2-2.5 years at a 4 year school.  There are ways to do college with minimal debt.  Best gift you can give your kids is helping them come out of college without much debt. No college is worth major debt, IMO
 [/quote]

Duel entry? Will they spar their way into college? Maybe a fencing scholarship will bring costs down?[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics