Anonymous wrote:My DS is a rising 10th grader and I am starting to freak out about affording college. I expect we will have $100k saved by 2024 and can cover another $50k with cashflow. While that is not enough for the expensive top ten schools like Cornell, I am hoping it will cover most of the cost at other good schools that are more within reach of average UMC families. So my question: how much are you spending right now on tuition and board for your 4.0 GPA engineering undergrad kid?
Top colleges are luxury goods. Tell your kid to be grateful for what you saved and if they don’t like it they can suck it up and take out loans.