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[quote=Anonymous][quote=Anonymous]We didn't save for college. No 529s, nothing. We were naive and stupid. We thought we'd qualify for FA. Ha. No.

Our kids are going in state. No other choice. Smart kids, good grades, but merit aid isn't high enough OOS to equal in-state tuition.

They got into competitive SLACs, but without merit aid or FA, they had to turn them down.

My advice: save as much as you can now, but don't sweat it, as long as you have good in-state options. Our DCs got scholarships too, which helped. Donut hole, indeed. [/quote]

Exactly.  No need for all this friggen hand wringing and presumptuous finger pointing regarding whether someone spent too much on their house or what the particulars of their pension are.  OP, you do need to save, and the more you save, the more options your children will have.  However, as others have pointed out on this thread, there are ways to get your kid through college on a much more modest budget.  It can be done, and then there is the fact that there is no guarantee your kid will even go to college.  My daughter went, graduated in 4 years.  Son is going for an associates at CC and working in a creative field where he has a special talent and a degree is not imperative.  Of my kids' friends, most went to college, but one went straight into the family's very successful business, two went to trade school, one is taking nursing prerequisite classes at CC and will enter full university program from there, one went into the military, and three dropped out due to mental health/not good fit/stress issues.  One of them works as a waitress (was at W&M) and the other as a barista.   The third is taking a semester off.   The waitress had the most set aside for her college than anyone else I know.  She says loves what she does, doesn't miss the stress and pressure and has no intention of going back to college.  [/quote]

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