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College and University Discussion
Reply to "Did you folks not do ANY saving?"
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[quote=Anonymous]It's not that we don't have ANY savings, it's that it's hard to save enough for the full cost of a lot of colleges today when you live in a high cost area and live on 1 income for several years and go through some expensive life events and prioritize saving for retirement like financial planners advise. We have enough saved to pay for about 20k per year before digging into yearly income but that doesn't fully cover all college expenses in a lot of places (even some publics) and therefore we are researching and mindful of scholarships and merit aid. Given the inflated cost of college, why wouldn't we try to maximize aid? [/quote]
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