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re: Louisiana TOPS Funding Uncertainties

Posted on 5/24/16 at 11:42 am to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37846 posts
Posted on 5/24/16 at 11:42 am to
quote:

Have any of ya'll ramped up savings in 529 plans or other vehicles for your children with all the uncertainty with the funding of TOPS and eligibility requirements?


No.

But I am of the opinion that my kids will either get a scholarship to go to college, or, they will get financial aid in the form of loans, etc. They may also go to junior college for a year or two if needed.

Now, if I was able to fully max out my retirement and still had money left over, then maybe I would consider doing this.

But I can always help them when they get to college if needed, or pay back some of their loans.

I feel like college is a time of learning. That includes taking responsibility for their own education. I will certainly help them, but I'm not writing a check for their total college costs.
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