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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Expensive schools cost about 70k all in.

I realized that once we started making 300k it was possible to fund as you go for 1 kid if need be. If you have more then 1 then hopefully they are 4 years apart or get your household salary up to 400k. Also never pay for a PHD, any good programs they give funding for the student.[/quote]

What on earth are your expenses if you think you cannot afford 2 kids in college on $300K.[/quote]

Taxes and retirement savings? $300k = ~$160K take home. If you can afford two kids in private college with $160K take home, I'd be very impressed. I have no idea how you survive after paying property taxes, groceries, utilities, etc. [/quote]

If you save and cut out the retirement savings and private schools are important to you, then its plenty.  I would hope at that income level your house would be paid off by the time your kids get to college.  We live on far less than $160 take home and managed to save for college.  I don't care about a private college nor do my kids.  Our house will be paid off before high school.  We pay cash for our vehicles.  Life is about the choices you make.  If its important to you on $300K income you can afford two kids in private colleges.[/quote]

You have misread and then doubled down on it.  PP was VERY CLEAR that they are talking about PAYING AS YOU GO FOR COLLEGE. That means paying cash out of your earnings that year. NOT SAVING in advance to pay for it.  And that poster is right, if you are making $300k then you take home far less of it and would be hard pressed to cash flow two private college tuitions - even if you get a slight break on one of them  - out of the cash you earn that year. 
 
Good for you for paying off your house in advance. Not relevant to the person you replied to, but good for you anyway. [/quote]

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