Reply to Moving $200,000 out of cash to improve chances for college financial aid?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We're basically you (also just made it to 300k from 150k just a few years ago, same "big" cash savings). We're anticipating doing in-state (which we can pay easily) for both kids, or elsewhere only if good merit. We're not counting on financial aid. [/quote]

You take that extra $150 a year and use that for college and don't change your spending.  Simple.[/quote]

You know people pay taxes, right? Lol. But yes, we're able to save more. Still not going to spend all that on private college times two when we can do in state/cheaper and then help our dcs with a downpayment.[/quote]

DP. That's a valid choice. Even with taxation, it's $150K of flexibility that the family making half that does not have. And the family making half doesn't get a full ride at most schools. What's better paying $40K per kid on an income of $150K or paying $80K per kid on an income of $300K (plus $200K in savings). This is not an injustice, scenario two is clearly better.[/quote]

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