$4800. It is what it is. Some months there's barely enough to put money into my retirement account and pay all the bills. I'm not losing sleep over it.

$30K. I work at American so the kids have an extensive list of schools they can choose from for tuition exchange. Most of the exchange schools don't include room and board though, so we'll have to cover that. And even if they don't end up at a tuition exchange school (or heaven forbid I lose my job or something) we should be on track to have $100K for each by the time they graduate so could do that and then contribute out of pocket to cover the cost of a state school.

Anonymous wrote:

Anonymous wrote:$0.00.

They're nearly fluent in German and will study at some of the world's best universities. Tuition free. With substantially lower cost of living for everything else.

Are they expats here? Or dual? I always just kind of assumed that tuition benefits for kids who qualify in EU countries had to be citizens.

They are American citizens. EU citizenship for free tuition in Europe is not a requirement.

Anonymous wrote:

Anonymous wrote:$0 I'm a professor and DS can go to school free where I work. It's an amazing benefit!

Don't you still have to pay for room and board? That is about $12K per year. Also, what if they children do not get into your school? Can they go somewhere else for free or a discount?

I'm guessing if they work at the school, they're close enough for the kid to live at home.

Anonymous wrote:$0 I'm a professor and DS can go to school free where I work. It's an amazing benefit!

Don't you still have to pay for room and board? That is about $12K per year. Also, what if they children do not get into your school? Can they go somewhere else for free or a discount?

250k per child. Most gifted by parents.

Anonymous wrote:This post makes me anxious! How do you all save that much? We’ve had many setbacks in the last few years between medical bills and unemployment. Some days I feel like I can barely keep my head above water.

It's hard- we invested a lot for DS, but hit the skids a few years ago, so the early investment helped us--college cost is outrageous. Here's the thing-- we have the money saved, but my DS has ADHD and realistically, in spite of being very smart, he will probably live at home and go to an in state school or community college at least the first year. Realistically, I don't think he's going to ready to be on his own at eighteen-- his maturity level will probably be that of a fifteen or sixteen year old when he graduates. Living at home will save us money, but it will ensure that our money isn't wasted. Friend sent her very smart son (similar profile) away for school right after high school-- kid blew his academic scholarship the first year. It' wasn't really his fault-- he just wasn't ready. I have another friend who lives in a large Canadian city-- she said it's more common other places for kids to live at home while they attend school.

I'm sharing this because there are def 1%ers here and their kids may take the traditional American college path--but it's not always a foregone conclusion even when the resources are there.

Anonymous wrote:$0.00.

They're nearly fluent in German and will study at some of the world's best universities. Tuition free. With substantially lower cost of living for everything else.

Are they expats here? Or dual? I always just kind of assumed that tuition benefits for kids who qualify in EU countries had to be citizens.

Anonymous wrote:I’m wondering if anyone has saved in ways that are not 529. We’ve invested in real estate to pay for our kids’ education. Just curious if anyone else has done something other than 529 and how that worked out for them.

Actually, kind of. We were able to keep out condo (had some stock bonuses that accumulated to a dp for our next place) when we moved so we are able to rent that and while we are contributing to 529s, we kind of also know that the sale of that property with enough time will be what probably can pay for education in full after other savings. It is a privilege though, in that we have been together since our early 20s and were able to sort or build our assets together faster for future kids

I’m wondering if anyone has saved in ways that are not 529. We’ve invested in real estate to pay for our kids’ education. Just curious if anyone else has done something other than 529 and how that worked out for them.

8th, 11th graders, and college freshman - each have Virginia prepaid and about $40,000 In Virginia 529. College student chose to live at home so any leftovers money in 529 can be used for a graduate degree.

Anonymous wrote:$0 I'm a professor and DS can go to school free where I work. It's an amazing benefit!

Just keep your job!

$0 I'm a professor and DS can go to school free where I work. It's an amazing benefit!

Anonymous wrote:The 1% doing a great job representing in this thread. We should rename this, "How the American 1% Preserves Perpetuates Itself at the Expense of the 99%."

Congratulations to all of you for rigging the game and "earning" the throne. I'm sure your kids will grow up like that entitled MAGA hat kid, Nick Sandmann: after their Ivy League experience, they'll come back to DC as politicians or lawyers to write more laws that keep everything the way it should be.

Who is rigging the game here? I'm confused.

People are saving money for college. How is that rigging the game?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:$0.00


The older one got into three Ivies on full ride and few other top engineering schools in a country with full scholarships. The same plan is for my MS kid.

The Ivies don’t give “full rides” only financial aid based on income so if you currently make 150k or less and your kid gets into Harvard, you will get 100% aid and will not have to pay.

Also depends on your assets listed on FAFSA not just income. So retired multimillionaires don’t get aid either.

More, it depends on your assets listed on the CSS.

If you have low income AND few assets AND get into Harvard, you may qualify for significant need based aid. But with an income of 100,000-150,000 you would likely still have some Expected Family Contribution, maybe in the $25-$30K range per year.