re: A Fundamental Question: To Support Your Child's Post-Secondary Education or Not?

We have 529 plans for each kid (2). They will probably fund a year of college at Alabama or another state school. Our deal to them is if they earn a scholarship, they go where they earned it. If not, it is two years at a community college, living at home, then two more locally at a four year college, living at home. That should lower our college burden quite a bit.

I also won't saddle me and my wife with debt for them to be a teacher or some other career with a low earning ceiling, it doesn't make financial sense for anyone involved.