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[quote=Anonymous][quote=Anonymous]For all those saying cost is not an issue - how loaded are you?! We are still in the financial planning/saving stages (oldest is in 8th grade) but we will be full pay, and we are trying to fund each kid's 529 to cover 4 years each of private tuition prior to their start date such that we can then cash flow room a and board board. We have 3 kids. That said, we will definitely encourage them to look at public schools or chase merit, so there will be some left for grad school or even just helping them launch (with a car, some rent help, etc.) I think we are doing very well financially and consider us to be pretty disciplined with our spending, but I'm wondering how so many are able to not even consider list price of colleges. [/quote]

Well, we are now UHNW but hit that after last kid was in college.  
However, we started saving for our kids when they were little, we only had 2, and they both had enough for 4 years of college  of grad school saved for them by time they were 13.  We made it a priority since we knew they were not getting FA (when we started saving we were making $250K).  
For one we stopped at the "mid level costs" as they were not a candidate for T30 schools, so we assumed ~$70K/year in today's money (it was less 8 years ago) type of school.  They got good merit at a school that is now $65-70K and have ~$80K remaining for grad school at some point (or their future kids).  But that kid hates school so grad school isn't very likely anytime soon.  
Top student we funded for $360K and they are spending $90K/year.  We will add as needed/self pay for grad school.  
But while making under $400K/year, we fully funded for each kid.  The early you put it in, the more time for tax free growth (of which we had significant amount).

However, with 3 kids it does get harder.  And yes if you don't have 4 years and most of grad school funded for each, then you have to consider it all.  If the kid most likely wants/needs grad school (ie wants to be a doctor, lawyer, PT, OT, etc), then I'd highly encourage them to do undergrad for a lower price and make sure you have enough for grad school (where there typically isn't merit, it's loans as your only help).  So make the $$ you have extend for all of your schooling.  And only spending $150-200K on undergrad will give you more for grad school 
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