College Saving Plans

[floydpink]

Originally Posted by Blueface

Good advice but in his case, looks like his parents are doing the same thing I did for my two grandchildren, ensuring their future education.

As mentioned, in FL, we have the prepaid college fund, at today's prices, locking it in, with no future increases. That works out quite well. As an example, I bought my grandson's five years ago for $25,000. In January, I got my granddaughter's and it was almost $60,000. Don't want to know what it will be in 18 years.
15 years ago, I paid $8,000 for my daughter's and $7,000 for my son's

I'm almost half paid for my daughter's and it was $18,000 prepaid and 100 bucks comes out of my checking account each month.

Kinda apples and oranges unless the state you live in has prepaid college.

I'd never want to strap my child down with paying off student loans and come from a family that believes you owe it to your child to put them through college, then they're on their own.