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[quote=Anonymous][b][quote=Anonymous][/b]I have long believed that the college market was in a bubble that would burst. This is why I haven't funded our 529s at the level suggested-- I hear 120k per kid, and I don't believe the market will hold at prices that high into the next decade.[b] I'm in a position to pay cash for basically any college without much angst, so the only reason to fund a 529 is the tax advantages. I don't believe the tax advantages outweigh the risk of the market popping and college prices coming back down to earth.

I think many colleges are going to go broke, or consolidate with other colleges if they are lucky. Laying off professors is only the beginning, and it won't only affect liberal arts. People now understand that college isn't that great for social mobility for people who have too many class "tells," and they would be much more economically mobile in a high paying trade jobs like electrician, welder, high end carpentry, etc. [/quote]

I thought the same way as you.  And alas, here I am without college savings, paying outrageous tuition. [/quote]

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