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In reply to the discussion: "We Owe to Our Sons What We've Given Our Daughters" [View all]seabeyond
(110,159 posts)Last edited Tue Mar 19, 2013, 09:41 AM - Edit history (2)
having two kids stepping into college, the last four years we have continually shifted from what we thought was best, and what we thought we would be able to do, because of the constant rising cost of college.
first, a decade or so ago. any school, anywhere, you get in and we got it. 5 yrs ago... k, not like a harvard or something. gotta be reasonably priced. this year. k, not gonna be able to afford 25k a year so how about a loan for exactly the reason the article stated. the kid has an investment in the education.
our oldest, we were lucky because thru academic and sports scholarship, the education is about 6, 7k a year. he got 21k a year knocked off. he accomplished that, so yea. not gonna happen with the second child and then further education.
scary stuff. i do not know how people do it.
we have some saved for college, starting a decade and half ago. but, not what it would cover today.