• eran_morad@lemmy.world
    link
    fedilink
    arrow-up
    6
    arrow-down
    1
    ·
    11 months ago

    Yo, how much should I be saving in a 529 plan if I want my kids to go to school debt-free? It costs fucking $240K to go to school nowadays, how much is this shit going to inflate over 10 years?

    • SCB@lemmy.world
      link
      fedilink
      arrow-up
      7
      arrow-down
      1
      ·
      edit-2
      11 months ago

      My kid starts college this year (moved in today!) and it will cost around $16k all-in for 4 years.

      Scholarships and choosing the right school can make a huge difference.

    • Crashumbc@lemmy.world
      link
      fedilink
      arrow-up
      5
      ·
      11 months ago

      Unless they get scholarships or are going to some exclusive prestiges university.

      Send them to community college for two years and then transfer to 4 year.

      Also again, unless it’s a niche field, or a super elite university. The school doesn’t make near the difference they want you to think it does.