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[quote=Anonymous]DH and I first had to pay back student loans, then save for a down payment on a house. Meanwhile we had kids and no family able to help out with infant/toddler care. So it cost us a boatload of money for full time daycare. Any extra money went toward saving for a house and toward our retirement. Then aftercare costs.

Then we finally were able to buy a house and between finishing paying back loans, paying the mortgage, funding our retirement, taking vacations to National Parks where we camped, theye wasn’t anything left to put toward college.

This is the situation for most of our friends who are the first generation to go to college. Our kids are going to state universities.

What is really tough is we counted that when both our kids were in college (2 year overlap) we would get financial aid because since our kids were born FAFSA has always factored in having multiple family members in college. That disappeared this year! So we aren’t sure how we are swinging paying for both kids when fafsa doesn’t factor that in and now student loans are being cut. [/quote]

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