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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]All I know is by the time my kids are old enough to buy a house, the average price is north of $1 million around here. If they are saddled with loans, they will never own a home.

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Why can't they just move to a low cost of living area? It's how my MD brother in law paid his full med loans off. Why do you expect your kids to buy in a million dollar house area?[/quote]

Why should they? Imagine the shame when for the parents when their friends learn that their kids fled the area because they were too poor to afford living there. [/quote]
?  People are leaving CA because the col is too high (us included). I have zero shame about it, and neither do my kids.

FWIW, we are umc, and we have enough to pay for in state, all in.

I grew up LMC (immigrant parents), and worked my way through college.  I was miserable and didn't do that well in college (at no name state u).  I don't want that for my kids.

I have one at our state flagship doing really really well.  Thankfully, they got some merit aid, too.

The other DC will not get merit aid, and they will be lucky to get into our state flagship.  If not, then they will more than likely have to go to the second tier in state because their field of interest is not lucrative at all, and so paying oos prices for a non lucrative career is a bad investment.  We can also pay for most of grad school if they choose in state for undergrad.

My sibling's DC has student loans.  They have a job (low paying), and they didn't get any loan forgiveness.  They are still living at home.[/quote]

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