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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We told our kids very early on that it was a public instate college or they paid the difference.  Even if I could afford $80,000a year, I wouldn’t pay that for an undergrad degree. [/quote]

Why did you have kids if you're not prepared to pay for college? We saved the money and paid every cent (full pay) for the costs and all expenses at top 10 schools for each of our kids. [/quote]

You can be prepared to pay for college but not prepared to pay $80k per year for college. Just like I'm prepared to buy a car but not a top of the line luxury car. Paying for your kid to go to an $80k college is purely a luxury. They can get a good education and solid start in life for half that price. Fine to pay more if you want to and can afford it but it's hardly a parental failing to not to do that.[/quote]

You’re going to tell you child they can’t go to MIT, Stanford or an Ivy League college because it’s too expensive?  I’d mortgage my teeth and take out loans for my kid if I haven’t saved enough.

And sometimes an expensive but less competitive LAC can turn a mediocre student’s life around.  Happened to my little brother.  He’s forever grateful our parents really sacrificed to pay for his private college.  [/quote]

Yes, I would.  Mine know now we did the state prepaid and have enough for room and board and some for graduate school and we will find the money for the rest of graduate school.  They are appreciative for that.  We have saved since birth, tiny crappy house and do the best we can to save.  No loans. [/quote]

It's kinda ridiculous that we all have to scrimp and save and live in crappy houses to pay for college -- and then for our kids to do it all over again with their own kids. Scrimp and save and live in crappy houses (even with their great jobs from private educations) because costs are so high. It's just a cycle and it seems to be getting worse that we sacrifice so much to save for college since they are born. I'm not saying don't save and to spend recklessly, but that college savings in particular should take so much out of us is ridiculous. (and I'm saying this as someone who scrimped and saved and lives in a crappy house and drives a crappy car). Something is wrong here.

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