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College and University Discussion
Reply to "How does most of America pay for these elite schools?"
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[quote=Anonymous][quote=Anonymous]By saving very aggressively in Coverdells and 529s since birth we have saved almost enough to send DC to college with no loans (large OOS public—not elite, but expensive nevertheless) and could easily pay for four years in-state. We live frugally and make saving a priority. I think the financial aid/saving conversation should start much earlier in life but in my area many parents do not realize this until it’s too late. [/quote] [b]Many of us were paying off our OWN student loans until well into our 30s.[/b] I have friends who are still paying them off and I'm 47. They just didn't go into high paying fields. Which I'm sure many on here would say was their mistake. But if the rich aren't going to take the low paying jobs and the poor can't take them, who will? Society needs teachers, social workers, nurses, pediatricians (who make more but not relative to their debt), etc. [/quote]
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