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Reply to "Is It Really Gonna Cost $280K? OMG "
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[quote=Anonymous][quote=Anonymous]DD got in to Northwestern and she is over the moon. [b]If we continue to save $1K a month, we should only be $35K short for the 4 years of tuition. [/b] Still it's SO MUCH $! Am I the only one that feels this way? My DD has brought it up more than once to me. I tend to be okay about money issues. Just want to make sure I am not missing anything. TIA [/quote] OP - are you calculating in the fact that if this money is to come from earned sources (not a 529) then you pay the $280K in after tax dollars? so you have to make much more than the $280K to cover costs? This is why in-state schools are seeing such a high increase in applications.[/quote]
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