Quote:
Originally Posted by NotFromAroundHere
This year I will pay around $17,000 for my son's college expenses. Instate public college, no financial aid. So their numbers may not be too out of whack as an average.
Since I knew for a long time that college expenses were a probability, I started saving early. Just like I started saving for retirement early. Nothing got decimated, and if things go according to plan, my son will have no college loans.
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The students of parents that saved for their children's education are also blessed like the boomers who had a better minimum wage and lower tuitions. I also helped my children and they graduated debt free. I don't think I would have been in that position if I had to pay off college loans before buying a house and having a family.