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College and University Discussion
Reply to "This is not real life - paying for college edition"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This might be the most out of touch thread on DCUM. And that’s saying something![/quote] I know. It’s why so few are shocked that the op just figured this out. Instead they’re all patting themselves on the back for saving $300k per kid. If you live in a small town or suburb in most of America your family home probably cost $350k 10 years ago (except the 10 major metro areas) and your family with 2-4 kids survives on a hhi of around $80k. If mom or dad went to college it was a in state public. There isn’t $500 a month per kid to sock away in a 529. And even if there was, the prevailing culture there is that it’s the parents job to get the kids through high school…after that they’re on their own. The dmv is a weird place.[/quote] This is OP. I grew up in a small blue-collar town. Most of the kids who went to college went to a local state school - me included. My parents paid some, and I paid some. They never promised to send me to an expensive college. What I'm having a hard time with is the lack of awareness about the astronomical cost of college and the reality of paying for it. I do think people assume they will receive financial aid and then realize they are way over their heads. Most of these kids should attend community college for 2 years and then transfer to a State School. Paying top dollar for your kid to attend Skidmore, Syracuse, or wherever is insane.[/quote]
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