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College and University Discussion
Reply to "Paying for college costs"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We are only looking instate because we have twins and have about $125k total saved for college (most was gifted to us.) It looks like even instate tuition, room, and board is 30k/year so that gets us about half way with each kid. We only have a year to go and just had MAJOR house repairs that ate up any ability to dump money into accounts. We make 300k so we won't qualify for financial aid, despite this income level being relatively new to us.[/quote] You should be able to pay the rest out of cash flow on your current income. [/quote] Or if you really need to, get a HELOC to pay for some college costs but pay it back quickly. [/quote]
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