Price tag for the American dream: $130K a year

[F4lconF16]

77. I disagree about saving for college.

From my own experience, $45,000 per child often isn't enough. My parents saved enough for me to make it through all 4 years at an in-state college. That's $80,000 for a state university (after a $5,000 a year scholarship, to boot). I, however, am going to an out of state college, where $45,000 would last one year.

A single year.

Ignoring the fact that tuition prices are far too high and need to be changed, I would say that saving that much per child is perfectly reasonable, if not enough. College is too expensive now (4 year university, that is) for too many people for it to be said that that's an unrealistic number. You can say that people might need to go to a different school, but that's not always an option. I'm studying aerospace engineering, and the only school that offers a degree in that in the Pac. NW is an out of state schcool that costs twice as much. This list discusses what is needed for the American Dream, and I'd say that being able to make it through college with minimal debt is part of that. For all the people like me out there (and there are many), $45,000 is nowhere near enough.