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Posted on 10/8/19 at 4:46 pm to Gaston
$14000 $3500x4 wife is university professor so free tuition but I want kids room for a study so we will pay for dorms. He can pay for his own meal plan or eat his Dads Cajun food.
Posted on 10/8/19 at 4:48 pm to Gaston
If you don't have a Roth IRA or haven't maxed out your contribution, that is a good vehicle to save for college. One of the eligible withdraw options is college tuition. If your kid gets a scholarship and you don't need it all then it is extra retirement money.
Posted on 10/8/19 at 4:48 pm to Gaston
20k/kid by age 5 is our goal.
On pace for that now.
On pace for that now.
Posted on 10/8/19 at 4:50 pm to Gaston
Ole Miss > LSU
Posted on 10/8/19 at 4:50 pm to schlodc
I’m about to roll over my last job’s 401 into a Roth, anything special I have to do to access that for his school?
Posted on 10/8/19 at 4:50 pm to kywildcatfanone
Lots of our friends send their kids there. Place looks pretty fun.
Posted on 10/8/19 at 4:51 pm to LSUCanFAN
quote:
$3500x4
quote:
so we will pay for dorms.
Which schools still have dorms that cheap? I thought they were all sort of spiraling out of control everywhere.
Posted on 10/8/19 at 4:55 pm to Y.A. Tittle
We are doing 50k per kid regardless of what school they choose. They go in state and make money from us. They go to some fancy school, they better find some scholarships.
Posted on 10/8/19 at 4:59 pm to Y.A. Tittle
Nova Scotia....
Posted on 10/8/19 at 5:04 pm to LSUCanFAN
quote:
Nova Scotia....
Sweet. Let me go look into their higher education.
Posted on 10/8/19 at 5:05 pm to Geauxtiga
quote:
It’s soon gonna be all online.
Which still costs money.
Posted on 10/8/19 at 5:06 pm to RummelTiger
Can’t see the famous Quad girls online.
Posted on 10/8/19 at 5:12 pm to Geauxtiga
quote:I feel bad for the kids if this is actually true
t’s soon gonna be all online.
Posted on 10/8/19 at 5:15 pm to Gaston
If you start at or near birth, $75k is within reach without feeling any pain. That way they can go to pretty much any state school or have a good start on a private.
Posted on 10/8/19 at 5:27 pm to GreatLakesTiger24
quote:
100k is a good #
That’s what I’m shooting for. Not sure if I’ll get there for all 3. It won’t pay for everything, but between that and whatever job the boy has, the debt should be manageable.
I’m also trying to re-fi my mortgage so it rolls off right around when the first starts college & hopefully have about 5 years of work after the youngest one finishes to get ready for retirement.
J/k. I’m in oil and gas so I’ll be drunk and penniless in a gutter within the year
Posted on 10/8/19 at 5:27 pm to Gaston
meh.. sorry...
shouldn't have posted that.....
delete....
fwiw, I downvoted myself.
shouldn't have posted that.....
delete....
fwiw, I downvoted myself.
This post was edited on 10/8/19 at 5:31 pm
Posted on 10/8/19 at 5:33 pm to Gaston
quote:if your kid is anything like his dad, you meant ‘Quad guys’
Can’t see the famous Quad girls online.
Posted on 10/8/19 at 5:34 pm to ColdDuck
quote:
They go to some fancy school, they better find some scholarships.
Or a sugar daddy.
Posted on 10/8/19 at 5:35 pm to Olive
quote:
100k is a good #
my advice, and I've put three kids(and a bunch of lawyer's kids,) through college, is to have a contingency fund, that the kids have no idea exists, to supplement, if necessary, what they are unable to earn through scholarships, grants, money saved, and shortfalls in budget during college, it will not go as well if they think "dad's got this, it's party time," make them set their goals/budgets now, with little to no expectations of assistance from you and they'll be better prepared, and that's as valuable as just about anything else they'll learn in college
This post was edited on 10/8/19 at 5:37 pm
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