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College and University Discussion
Reply to "How do you grapple with the cost of expensive colleges?"
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[quote=Anonymous]I'm guessing saving $180K per kid was the result of some windfalls and smart investing. We're a classic doughnut hole family with no debt and a much more modest lifestyle than anyone we know, and we're lucky to have saved a fraction of that while still saving for retirement, etc. It seems the wealthier families we know also have a lot of family assistance. Unfortunately, that is not the case here. And we're too risk averse to invest. To those just joining us, this thread is another iteration of people justifying paying a lot for college and justifying not paying a lot for college. Here in the doughnut hole, I'm grateful my kids have good state colleges to turn to, and time to figure out at what point paying a premium for education makes the most sense. For my first, undergrad is not that time![/quote]
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