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College and University Discussion
Reply to "Best strategy to pay college for 3 kids"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, I posted about what we did in similar situation, or so I thought, but we know nothing about your assets. You really have to consider those to know if you will be able to pay back loans or make profit on rental, etc. [/quote] our assets 300k primary, 250k on rental, 900k retirement, 150k 529 we have normal expenses an we do help parents both side, we have old van and old highlander that is all our asset pretty much. our rental cannot go up more than this but we can pay monthly (if we take out loan) [/quote] You are way far behind on retirement. You should NOT be taking loans to put kids thru college. They never should be at places costing $40K+/year. Your husband will need to work until he's 70 to help get you out of this mess and that's if he can keep his job (age discrimination is real) [/quote]
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