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re: How much is goal to save for each kid’s college?
Posted on 10/9/19 at 9:50 am to ELVIS U
Posted on 10/9/19 at 9:50 am to ELVIS U
quote:
we had put away 50K f
this is what I did with the oldest, we bought the FL pre-pay when she was a baby, by the time she graduated hs she had decided that she didn't want to go to college in FL(gracias Hay-Zuess!) but the schools she was looking at were in the Ivy League price range, so I bought her a book that listed hundreds of grants and scholarships available and told her she would have to make up the difference between what the school she chose cost and what FL pre-pay would pay, she took it and ran, unbelievable the things organizations give grants for, she was valedictorian in her class and received scholarship money for grades, when she got to college she worked three jobs for the school, they paid her so she'd have some spending money but they also paid a certain amount towards tuition for each hour worked, she still had a good social life and a great college experience, when she graduated(summa cum laude ,) she had $16k in debt, and with no expectation during the entire time that we'd help, I offered to her, as a graduation gift, to pick up that tab and she accepted, she knows that that experience of setting your sights on something and going after it, learning how to budget time and money to attain it, was as valuable as any course she took in college as it transfers immediately over to the real world
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