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Reply to "How do people afford tuition that will only continue to go up?"
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[quote=Anonymous]Make $400k+, one kid, in private from K. 401k funding, college savings, great vacations. But yes, bought house years and years ago and while we could move and buy a bigger/fancier house, chose not to because... one kid who is two years away from college. Would rather not have a huge home and be house poor/pay the extra dollars towards mortgage. I know someone upthread said you get equity back but not tuition however, I look at what we pay for private as an investment in my DC's education and future. Payback is their development, education, their future. More than fine with it. Still have tons of equity. [/quote]
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