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[quote=Anonymous]OP here: We are a blended family that combined assets 5 years ago. As blended families go, we purchased a home and a lot of things that we needed to fill that home, repairs, emergencies etc- I'm currently dealing with a failed sump pump and flooded basement.

We've been spending A LOT just due to where we are in life and the juncture at which we met. In terms of equity, maybe 80-100k?

We would like to save more $$, but it's very difficult at the moment and there isn't much wiggle room in terms of lifestyle.

In 4 years we will be in a much better position debt to income ratio wise and will have more to cash-flow.

Our 1st student will likely attend community college or a regional. Other parent has a healthy 529 and we can generally afford his options as he will likely be a commuter.

Our 2nd student is where it gets tricky. They are very talented academically and will likely submit to Ivy's as target/reaches. They will be in the running for a lot of merit aid. We're more concerned about the price tag of their education because it's unknown if the other parent has anything to contribute and/or would participate.

So in 4 years, we will have 1 in college at either a community college or regional university that is 70-100% paid for. And unknown on kid #2. [/quote]

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