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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Have “well-funded” 529s started when they were babies. But not sure that we even have enough in the eldest’s for next year!  He’s a junior. The costs are outrageous. But I admit we haven’t considered u of Maryland.  I’m old ( went to college in the 70s) and a snob.  Go ahead flame me[/quote]

We both went to state schools and can afford to send our 3 kids to private schools full-pay now. Flame that.

Seriously there is something so deeply pathetic about people who think they’re too good for what they can afford. Capitalism has considered you and deemed you not good enough. [/quote]

Right?  If all we could afford was state school, that is where my kids would be attending.  Thankfully we have been income that allows us to save and we made that a priority even when our income was much lower.

There are multiple schools in my state that are $25-28K or less "all in for the year" that are "relatively easy" to get into (ie. guaranteed admission with a 3.5UW GPA for the "top" one (not the state flagship) and 3.0 for another 5 state schools--and that's just the "guaranteed admission"---basically I don't know anyone who has ever not gained admission to these schools).  With min wage over $15/hr, a kid can easily earn $10K over 12 months (summers, breaks, part time while on campus, etc).   Take the $5.5K in federal loans each year, and that leaves ~$10K to fund.  However, my 3.6UW/25 ACT kid got $2-5K from the top 2 of those schools, so a kid with better academics/test scores would likely get more.  So parents need to contribute at most $10-12K/year, possibly even less with merit awards.  So if parents have saved even a little, they can use that and likely cash flow the remainder.

There are affordable ways to get a college degree---it may not be a T20 school, it may not be a T50 school, but there are choices and these are good schools.  Much better to come out of college with only $20-25K in debt or debt free than to take out $100K+ in loans.

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