OK Ladies - Brace yourself

voelkels

In 17 years, the average college education will cost $280,000, about $650.00 a month if we start saving now.

Here is a great website for help and planning. ?savingforcollege.com?

?

magdusia

my kid better start looking for a job next year than!

lyndym2006

WHAT?! ::faints::

BetsyDavis

Looks like my kids working at walmart it's whole life.

jonsdeedee

I guess I am staying put at my job.  I work for a university and we get free tuition for kids and some kind of tuition exchange if they want to go elsewhere.

browneyes_24b

I'd be perfectly okay with that if college's weren't such money-sucking businesses.  They're just like any other business wanting to make money, but instead of selling a product they sell you a degree with 90 million credits that you don't need!     

voelkels

lyndym2006:

WHAT?! ::faints::

Yeah, my reaction too when DH brought this up last night. ?I don't know wether to thank him, strangle him, or just be thankful he is thinking of our baby!

PizzaBride

jonsdeedee:

I guess I am staying put at my job.  I work for a university and we get free tuition for kids and some kind of tuition exchange if they want to go elsewhere.

This is such a great perk.  I got the same deal because my dad is a college employee.  All I had to pay were the student incidental fees.  YAY!

jenna0627

I will help my kid as much financially as I can. I also expect them to apply for scholarships and take a few loans out themselves. That's how my parents did it for me and I think it made me work harder in school knowing I would still owe some (actually a small amount about $20,000 when I graduated) money after the graduation.

voelkels

browneyes_24b:

I'd be perfectly okay with that if college's weren't such money-sucking businesses.? They're just like any other business wanting to make money, but instead of selling a product they sell you a degree with 90 million credits that you don't need! ? ??

Oh yeah, right on!!! I am in school myself right now, and will probably STILL be paying off my loans when my baby goes.

mrsmel

scholarship! scholarship!

Mrs.DeliaMarieP

Yep, we've started saving already.  Thank you inflation!

brinkly

jonsdeedee:

I guess I am staying put at my job.  I work for a university and we get free tuition for kids and some kind of tuition exchange if they want to go elsewhere.

This. 

FLVintageBride

jenna0627:

I will help my kid as much financially as I can. I also expect them to apply for scholarships and take a few loans out themselves. That's how my parents did it for me and I think it made me work harder in school knowing I would still owe some (actually a small amount about $20,000 when I graduated) money after the graduation.

I totally agree with this philosophy.  I want my kids to be fully invested in their own educations.  From my experience, kids who get the free-ride, paid for off-campus apartment, car to drive around town, etc. are more likely to take their college education for granted.

I worked two jobs, doubled majored, graduated in three years, and was still Magna *** Laude.  My parents didn't pay one red cent (not that I advocate that either!)  If I can do it, my kids can too.

jonsdeedee

You know what one of the main factors in driving up the cost of tuition is - healthcare.  Many of the faculty are older and because the job is not very physically demanding, they can often teach into their 70s and 80s.  So the university pays high healthcare premiums.  Like most places, the employees share the burden, but many opt out and take healthcare through a spouse. 

Add to that the cost of all the new technology that is "needed" by the students (upgraded computer labs even though everyone has a computer, fast internet, wifi etc) and you can figure out where the money is going.  

 It is not going to salaries for administration and staff (my paycheck to proof of that lol).  

MrsBro6116

::wonders about Handsome's ability to get an athletic scholarship::

ArmyBride0604

::giggles:: It censored FLVintageBride's academic honors. 

Here's hoping Louisiana doesn't decide to make its TOPS scholarship need-based.  Right now, if you make over a certain GPA and ACT score, tuition is paid at public universities.  All I had to pay was student fees/books/room and board.  My college fund is now this baby's college fund. 

MrsPreK

Phew!!! I pray to goodness my children are genius's LOL and can get some full-ride scholarships (yeah right....knowing they are MY children) LOL.

ivs112

Wow! Looks like my kiddies will have to get a nice, affordable public university education like their mother did.

ChrissyK88

and hopefully theyll be handing out scholarships left and right.

Evelynsmom

::faints::

SuperSteph31

[quote]

I worked two jobs, doubled majored, graduated in three years, and was still Magna *** Laude.  My parents didn't pay one red cent (not that I advocate that either!)  If I can do it, my kids can too.

[quote]

Seriously?  Did it really just edit her honors?

rmcrae

My parents helped me very much, but I took out loans too.

I don't feel the need to put my child 100% through college.  It doesn't  teach them the value of their education.

WildHorseFeathers

Bull crap, there ain't no way!

MrsDuncan

Ridiculous, yes... but who pays for college 100% out of pocket?

It'll be OK.

Also ridiculous that magnacumlaude is a no-no word. Oh The Bump.

DanielsWife

Wow, I better be gestating a little Mensa in there!

peppermintgirl

And people give me dirty looks when I remind them that it's easy for girls to get an athletic scholarship for soccer than boys. I graduated from a private school and got a full scholarship to a little dinky community college just so I could be scouted for the college I wanted. Hooray scholarship.

snsgurl728

I wonder where they got those numbers. Only from Harvard and Yale or something? I just graduated and it cost nowhere near that!!

teeah22

Well considering I will still be paying off my own student loans when baby is ready for college, I think she's going to be on her own.  Dental school was damn expensive.

Smtih&co

Check to see if your states have pre-paid tuition programs.  Many do, and while it may be a few years before we start putting money into, I think it is something worth considering.

voelkels

SuperSteph31:

[quote]

I worked two jobs, doubled majored, graduated in three years, and was still Magna *** Laude.? My parents didn't pay one red cent (not that I advocate that either!)? If I can do it, my kids can too.

[quote]

Seriously?? Did?it really just?edit her honors?

LOOKS LIKE!!!!

voelkels

snsgurl728:

I wonder where they got those numbers. Only from Harvard and Yale or something? I just graduated and it cost nowhere near that!!

NOPE!!!! Unfortunatly that is the average for all colleges across the US including state colleges. ?Go to the website I gave you in the post and check it out!!!