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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is an interesting question.  My kids go to an affluent public school.  I think college has gotten so expensive that people have limited their kids to state schools unless they have a child that will get a huge financial aid package or have the ability to stroke a check.  [/quote]

I always find this odd that these families have money, spend a fortune on housing to be in an affluent area and don't want to pay for college or grad school.[/quote]

Well then you’re not thinking it through it properly. That expensive house was $800k when they bought it. When they sell it, they earn a profit. Upwards of a million dollars. Or more. Because they’re so busy paying their monthly mortgage fees- and saving for retirement and paying for health care and kids’ sports - they haven’t been able to save $400k for  one child. But through careful discipline, they HAVE been able to save $120-150k per child. And that child will go to an in-state public university. [/quote]

It is very hard to save for retirement and save $400,000 per kid for college.  If you have 3-4 kids that is a lot of money. Not many people kill it financially in their late twenties and early thirties.  So, at best they have ten years to sock away cash before college.
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