most people are middle income....that means they pay a lot of taxes and get few college bennies....
it is true that all your free savings and your kids is considered fair game when they apply to college...
its better to have a solid financial base for you and your whole family rather than trying to make special accounts for the kids....
someone said above which is true in our case.....
wouldn't you rather help them a little later in life, when they get married or buy their first house or have their first child...that's when there is little help available and that's when we hope to be able to share more of what we have....
wouldn't you rather help them a little later in life, when they get married or buy their first house or have their first child...that's when there is little help available
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That's my thinking, as well. I know I would have appreciated a helping hand then (or rather, now, LOL) Haven't yet bought our first home. An interest free loan with flexible payback schedule would be heaven sent. Thank goodness Mr. Ex and I both have VA benefits, so we don't really have too worry too much about it.