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[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]

Don't be so dramatic

A DCUM student can earn $10K/year with the current minimum wages in our area. That leaves $15-20K for the family.  If parents were not able to save any $$ then you start at CC while living at home, the transfer to a 4 year college.  Or you pick a 4 year state school where you can live at home and commute (if possible). But if you are making over $150K/unless there have been drastic circumstances, the parents should have been planning to save even $5K/year.  Do that over 18 years and you have the $100K for college (with out any investment returns).  So yes, if you are making $150K you should be able to budget and save some if you want your kid to attend college.  Otherwise, CC while living at home, kid works PT to save money and you take a few loans for transferring to 4 year.

[/quote]

On $150K a year they can easily save $10-20K a year.[/quote]

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