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Reply to "If your HHI is between 200-300k, how much will you have saved for college "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My wife and I both went to private colleges (mine paid for by my parents, hers mostly with loans and grants); I don't see why we shouldn't give our kids at least the option to do the same if they can get in. Our retirement is well on track, so the only thing we're "sacrificing" by putting money into 529s is some additional discretionary spending. Big deal. We've got about $300k saved now for a 10 year old and a 7 year old combined and are still putting at least $15k a year into 529s. (We put some money in from an inheritance a while ago to jump-start it.)[/quote] Must be nice. Some of us didn’t have as pampered of an upbringing and don’t think we need to stress ourselves out to send our kids to some private college that isn’t even worth the extra money. The people I know who make real money have high level security clearances due to military service anyway. The private school kids I know are slackers by comparison.[/quote] What do you mean? All you need to do is get parents that will pay for your private college and then provide you with an inheritance. I don't see why you just wouldn't follow PP's plan?[/quote]
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