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Kid is 5 yrs old. Have $22,000 in her 529. Practically meaningless??

...
hyperactive death wish office
  07/25/15
I put $500 a month in for each of my kids and it feels like ...
Wine Yarmulke
  07/25/15
yeah, we put about $750 in. It is a joke
hyperactive death wish office
  07/25/15
There really is no point. Unless you have liquid millions th...
supple theater personal credit line
  07/25/15
well, in 13 years, we will have liquid a couple of million. ...
hyperactive death wish office
  07/25/15
proud of u dood congrats
supple theater personal credit line
  07/25/15
destroying your hopes and dreams for your kids' sake is noth...
hyperactive death wish office
  07/25/15
...
glittery faggotry
  07/25/15
...
Diverse cobalt pisswyrm lodge
  10/23/15
...
bright hateful crackhouse
  03/17/16
Honestly, that's not going to cut it by then.
sticky cuckold corner
  07/25/15
Try 500k
Diverse cobalt pisswyrm lodge
  10/23/15
I am on the fence about contributing to these. On the one ha...
topaz underhanded resort
  07/25/15
Some states like NY you get a state tax deduction. Also p...
Infuriating mauve antidepressant drug
  07/25/15
Of course 529s are bullshit and we should get rid of them. I...
federal appetizing twinkling uncleanness toaster
  07/25/15
The logic to it is that college is expensive and you want pa...
Soul-stirring Chestnut Piazza Background Story
  07/25/15
As the evidence in this thread shows, only the extremely ric...
federal appetizing twinkling uncleanness toaster
  07/25/15
What is your definition of extremely rich?
Wine Yarmulke
  07/25/15
I don't want to get into that debate. There's no income ...
federal appetizing twinkling uncleanness toaster
  07/25/15
explain the property tax thing, i don't get it
Disgusting brunch fanboi
  07/26/15
Perhaps, but it is the middle class that relies on those tax...
Soul-stirring Chestnut Piazza Background Story
  07/25/15
My point is, when you have no income cap on contributions, i...
federal appetizing twinkling uncleanness toaster
  07/25/15
Income cap is senseless because it is really about wealth, n...
Soul-stirring Chestnut Piazza Background Story
  07/25/15
Wealth cap would be better, good luck getting anything relat...
federal appetizing twinkling uncleanness toaster
  07/26/15
I'm proud of you. This is good work. Except, don't be a ...
Histrionic Heaven
  07/26/15
A bunch? We would do like 1 max if we had any.
Soul-stirring Chestnut Piazza Background Story
  07/26/15
Poor people who don't go to college see their taxes raised? ...
cruel-hearted kitty
  07/25/15
This. 47% is bad politics but...truth hurts.
Histrionic Heaven
  07/26/15
...
Puce ladyboy state
  07/26/15
See below. This line of thinking really irritated me. It see...
federal appetizing twinkling uncleanness toaster
  07/26/15
Even if you pay literally no income taxes or get a credit, y...
federal appetizing twinkling uncleanness toaster
  07/26/15
And why is it okay to boom it up in retirement through IRAs ...
cruel-hearted kitty
  07/25/15
...
zesty
  01/17/26
By the time your kid goes to college tuition will be complet...
Metal mental disorder stage
  07/25/15
cr. there's going to be a backlash and there's going to be ...
alcoholic indian lodge idea he suggested
  07/25/15
that would be a superb result
hyperactive death wish office
  07/25/15
Why not a UTMA instead of a 529?
aphrodisiac flesh mexican property
  07/25/15
...
Orchid Meetinghouse
  07/25/15
in 15 yrs college will become completely meaningless and you...
translucent generalized bond
  07/25/15
The tax penalty isn't any worse (and I believe is better) th...
Insane school cuck
  03/17/16
My kids will be raised from birth to understand that if they...
Deep rusted ticket booth circlehead
  07/25/15
part of me respects this POV and part of me believes it is t...
alcoholic indian lodge idea he suggested
  07/25/15
Its the only practical response to the insane cost of colleg...
Deep rusted ticket booth circlehead
  07/25/15
meh that's not my kid's fault and i'm not going to sit at my...
alcoholic indian lodge idea he suggested
  07/25/15
its not about principles. its about what I can afford. if...
Deep rusted ticket booth circlehead
  07/25/15
my grandparents put 7 kids through public ivies on one incom...
alcoholic indian lodge idea he suggested
  07/25/15
yeah man, there has totally been no tuition inflation betwee...
Deep rusted ticket booth circlehead
  07/25/15
it's not as much as you think this particular school had ...
alcoholic indian lodge idea he suggested
  07/25/15
I'd like to see a link showing this $2500 tuition in the 70'...
Medicated talking stock car native
  07/26/15
shut the fuck up boomer scum
Charismatic Orange Roast Beef Ceo
  07/26/15
look, my point is that we need to avoid the boomers' shittin...
alcoholic indian lodge idea he suggested
  07/26/15
Yes, tell us all about 1980.
pearly haunting chapel gay wizard
  07/26/15
why dont you have money?
Cerebral whorehouse legal warrant
  07/26/15
Enlisting in the military is complete flame. No informed hum...
bright hateful crackhouse
  07/25/15
Depends. If we are just coming out a major war, enlisting in...
pea-brained affirmative action principal's office
  07/26/15
we'll see what tuition looks like when the time comes I'l...
cyan cracking really tough guy address
  10/23/15
Do colleges consider the money that you have saved up in you...
pea-brained affirmative action principal's office
  07/26/15
Yes, but as parent assets
federal appetizing twinkling uncleanness toaster
  07/26/15
Explain. Does that affect the free money the kid gets? I don...
pea-brained affirmative action principal's office
  07/26/15
You're better off fully funding your retirement first becaus...
cruel-hearted kitty
  07/26/15
They take a percentage of parent assets (5.6% I believe) and...
federal appetizing twinkling uncleanness toaster
  07/26/15
Saying anything is a fucking joke. Don't you pay attention? ...
Lascivious high-end newt
  07/26/15
...
pea-brained affirmative action principal's office
  07/26/15
Why bother saving that much money as a UMC parent for your k...
Thriller Locus
  07/26/15
How much will big state u cost in 18 years?
Wine Yarmulke
  07/26/15
As much as the private schools now
drunken electric national
  03/16/16
If you make like 200k, you'd damn well better be able to pay...
carnelian home
  07/26/15
ljl in state tuition at big state u will be $140k/year in 13...
Impertinent comical multi-billionaire tanning salon
  07/26/15
Job prospects for each?
carnelian home
  07/26/15
bigstate: KPMG/PWC accounting t50 private: t25 law school 4...
Curious stain
  10/23/15
why would someone pay that? doesn't it need to have some ...
cyan cracking really tough guy address
  10/23/15
...
Curious stain
  10/23/15
was thinking about this too. I don't think it's worth puttin...
Curious stain
  10/23/15
I assume there will always be a use for the money. For exam...
Infuriating mauve antidepressant drug
  10/23/15
Bothers the fuck out of me too.
Talented hunting ground
  03/16/16
You: slaving away to put money into your dotters college sav...
Big Fortuitous Meteor Rehab
  10/23/15
your child can get a cheap or free STEM education somewhere....
pale site crotch
  10/23/15
my in-laws faithfully save for my dotter via 529. I let the...
maroon kitchen alpha
  10/23/15
the hardest STEM subjects to learn are those which benefit t...
glittery faggotry
  03/17/16
Only gains get the 10% penalty if not used for education, so...
fishy kitty cat
  03/15/16
One of the many problems with the Northeast is that the stat...
Motley international law enforcement agency
  03/16/16
College 15 years from now should be treated like a PhD progr...
pearly haunting chapel gay wizard
  03/16/16
I hope you stashed some money in there when the market tanke...
Razzmatazz dopamine selfie
  03/16/16
stfu
slap-happy shrine jew
  03/16/16
gotta love xoxohth
Infuriating mauve antidepressant drug
  03/16/16
if higher education isnt 90% abolished in 20 years, we're do...
harsh unholy puppy locale
  03/16/16
all i can say is in | state | tuition
Disgusting brunch fanboi
  03/16/16
I'd save up enough to pay for state school. anything past th...
glittery faggotry
  03/17/16
alright your kid is 15 now, how is the 529 going? glad you d...
richard clock
  01/17/26


Poast new message in this thread



Reply Favorite

Date: July 25th, 2015 8:13 PM
Author: hyperactive death wish office



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28411594)



Reply Favorite

Date: July 25th, 2015 8:33 PM
Author: Wine Yarmulke

I put $500 a month in for each of my kids and it feels like pissing in the ocean.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28411694)



Reply Favorite

Date: July 25th, 2015 8:38 PM
Author: hyperactive death wish office

yeah, we put about $750 in. It is a joke

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28411721)



Reply Favorite

Date: July 25th, 2015 8:34 PM
Author: supple theater personal credit line

There really is no point. Unless you have liquid millions they have to go somewhere they can get in for free

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28411701)



Reply Favorite

Date: July 25th, 2015 8:39 PM
Author: hyperactive death wish office

well, in 13 years, we will have liquid a couple of million. Hoping to get her 529 up to around $200k by then, and hopefully she gets in Berkeley or UCLA and they aren't much more.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28411725)



Reply Favorite

Date: July 25th, 2015 8:39 PM
Author: supple theater personal credit line

proud of u dood congrats

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28411729)



Reply Favorite

Date: July 25th, 2015 8:40 PM
Author: hyperactive death wish office

destroying your hopes and dreams for your kids' sake is nothing to congratulate anyone on.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28411731)



Reply Favorite

Date: July 25th, 2015 8:41 PM
Author: glittery faggotry



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28411735)



Reply Favorite

Date: October 23rd, 2015 10:36 AM
Author: Diverse cobalt pisswyrm lodge



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#29027717)



Reply Favorite

Date: March 17th, 2016 1:14 AM
Author: bright hateful crackhouse



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#30076569)



Reply Favorite

Date: July 25th, 2015 10:08 PM
Author: sticky cuckold corner

Honestly, that's not going to cut it by then.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412206)



Reply Favorite

Date: October 23rd, 2015 9:23 AM
Author: Diverse cobalt pisswyrm lodge

Try 500k

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#29027383)



Reply Favorite

Date: July 25th, 2015 8:37 PM
Author: topaz underhanded resort

I am on the fence about contributing to these. On the one hand, I still have a mortgage, want to do home improvements and take vacations and shit rather than throwing money into these accounts. As it stands right now, we max out tax-advantaged accounts and generally save about $30,000 per annum on top of that. I haven't put anything into taxable investments yet (beyond savings accounts) as we have had to replace vehicles and save up for our house down payment. I'm a little mixed on taxable investment accounts anyway for a wage earning family like mine. I really don't know what to do with extra money but a Nevada 529 through Vanguard seems like a black hole unless you've got hundreds of thousands of taxable dollars you need to find a home for.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28411718)



Reply Favorite

Date: July 25th, 2015 8:53 PM
Author: Infuriating mauve antidepressant drug

Some states like NY you get a state tax deduction.

Also people making over 100k should think about contributing now because the dems have already made clear that they want to get rid of these for "rich" people.

That being said you shouldn't be going into credit card debt or whatnot to fund one of these things.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28411783)



Reply Favorite

Date: July 25th, 2015 8:57 PM
Author: federal appetizing twinkling uncleanness toaster

Of course 529s are bullshit and we should get rid of them. It has the bizarre effect of granting tax free treatment for expenses people would have paid regardless, then raises taxes on everyone else (poorer people who aren't going to college) to pay for it. There's no logic to it whatsoever.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28411805)



Reply Favorite

Date: July 25th, 2015 8:59 PM
Author: Soul-stirring Chestnut Piazza Background Story

The logic to it is that college is expensive and you want parents to pay for it by planning for it in advance rather than leaving kids to graduate with a mortgage worth of debt and a crap job, which will have terrible consequences for the next generation. This accomplishes that. Yes, some would have paid for it anyway, but some would not have.

Plus, few enough intelligent people have kids. Many don't or have fewer kids for financial reasons (I'm in that category myself). Minimizing the likely brewing idiocracy is probably a good idea.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28411819)



Reply Favorite

Date: July 25th, 2015 9:04 PM
Author: federal appetizing twinkling uncleanness toaster

As the evidence in this thread shows, only the extremely rich come at all close to covering the cost of college with a 529. Other people are paying more in taxes than they get in benefits to subsidize the rich who just run every single school expense through a 529.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28411848)



Reply Favorite

Date: July 25th, 2015 9:07 PM
Author: Wine Yarmulke

What is your definition of extremely rich?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28411863)



Reply Favorite

Date: July 25th, 2015 9:58 PM
Author: federal appetizing twinkling uncleanness toaster

I don't want to get into that debate.

There's no income limit for contributions though. So you have a lot of rich people who use it to run through educational expenses and for estate planning.

Then you have other people who are pinching and saving and think that it's a good thing that this exists because otherwise they could never afford it. That's bullshit, but they just don't understand the overall system. It's the same with property taxes. If you send the poorest homeowner a $100 property tax refund, they will vote for any property tax you want because they don't understand that it's benefiting the "rich" far more.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412152)



Reply Favorite

Date: July 26th, 2015 2:43 AM
Author: Disgusting brunch fanboi

explain the property tax thing, i don't get it

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28413640)



Reply Favorite

Date: July 25th, 2015 10:10 PM
Author: Soul-stirring Chestnut Piazza Background Story

Perhaps, but it is the middle class that relies on those tax savings much more.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412217)



Reply Favorite

Date: July 25th, 2015 10:23 PM
Author: federal appetizing twinkling uncleanness toaster

My point is, when you have no income cap on contributions, it's a net loser for the middle class too (even though they're using the 529). They just don't realize it. Their other taxes are higher to make for the lost revenue from 529s.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412292)



Reply Favorite

Date: July 25th, 2015 10:24 PM
Author: Soul-stirring Chestnut Piazza Background Story

Income cap is senseless because it is really about wealth, not income. What would you even set it at? $500K+? Most rich people get paid in cap gains so they would be well under that.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412302)



Reply Favorite

Date: July 26th, 2015 10:52 AM
Author: federal appetizing twinkling uncleanness toaster

Wealth cap would be better, good luck getting anything related to wealth in the tax code within the next 50 years

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28414315)



Reply Favorite

Date: July 26th, 2015 2:18 AM
Author: Histrionic Heaven

I'm proud of you. This is good work.

Except, don't be a POS. Have a bunch of kids. The dumbs are.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28413543)



Reply Favorite

Date: July 26th, 2015 2:38 AM
Author: Soul-stirring Chestnut Piazza Background Story

A bunch? We would do like 1 max if we had any.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28413627)



Reply Favorite

Date: July 25th, 2015 11:01 PM
Author: cruel-hearted kitty

Poor people who don't go to college see their taxes raised? What taxes?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412484)



Reply Favorite

Date: July 26th, 2015 2:20 AM
Author: Histrionic Heaven

This. 47% is bad politics but...truth hurts.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28413550)



Reply Favorite

Date: July 26th, 2015 2:33 AM
Author: Puce ladyboy state



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28413601)



Reply Favorite

Date: July 26th, 2015 10:26 AM
Author: federal appetizing twinkling uncleanness toaster

See below. This line of thinking really irritated me. It seemed like cons said "Hey, the truth hurts" and Dems said "But it's mean!"

People who actually understand taxes don't care that it's mean. It was just a stupid statement and dead wrong. (That's without even getting into the insanity of someone making that statement who was born wealthy then made a fortune in PE on the back of carried interest).

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28414257)



Reply Favorite

Date: July 26th, 2015 10:15 AM
Author: federal appetizing twinkling uncleanness toaster

Even if you pay literally no income taxes or get a credit, you still pay net taxes in property taxes (through rent or directly) and sales tax. Credit is designed to offset payroll taxes.

Plus, use taxes, gas tax, vehicle registration fees.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28414233)



Reply Favorite

Date: July 25th, 2015 11:02 PM
Author: cruel-hearted kitty

And why is it okay to boom it up in retirement through IRAs and 401(k)s, but 529s are somehow bad?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412491)



Reply Favorite

Date: January 17th, 2026 5:20 PM
Author: zesty



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#49597166)



Reply Favorite

Date: July 25th, 2015 8:57 PM
Author: Metal mental disorder stage

By the time your kid goes to college tuition will be completely different. Don't be surprised if Harvard just changes its tuition to "whatever is in your parents 529 account plus 15k"

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28411803)



Reply Favorite

Date: July 25th, 2015 10:25 PM
Author: alcoholic indian lodge idea he suggested

cr. there's going to be a backlash and there's going to be tuition-limiting legislation in the next 15-20 years.

the BERKELEY TO 90K A YEAR crowd is being silly.

i still have my wife's unused 529 and i'm funding my kid's. it will be easy to take advantage of the shitlibbery.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412306)



Reply Favorite

Date: July 25th, 2015 10:26 PM
Author: hyperactive death wish office

that would be a superb result

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412312)



Reply Favorite

Date: July 25th, 2015 10:02 PM
Author: aphrodisiac flesh mexican property

Why not a UTMA instead of a 529?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412175)



Reply Favorite

Date: July 25th, 2015 10:46 PM
Author: Orchid Meetinghouse



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412415)



Reply Favorite

Date: July 25th, 2015 10:51 PM
Author: translucent generalized bond

in 15 yrs college will become completely meaningless and you'll have to cash out with a tax penalty

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412431)



Reply Favorite

Date: March 17th, 2016 12:36 AM
Author: Insane school cuck

The tax penalty isn't any worse (and I believe is better) than cashing out a Roth or something.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#30076301)



Reply Favorite

Date: July 25th, 2015 11:41 PM
Author: Deep rusted ticket booth circlehead

My kids will be raised from birth to understand that if they don't earn a scholarship somewhere, they will need to go to community college or join the military because I ain't paying sticker for anything.

If I do end up saving something in a 529, it won't be enough to cover full freight anywhere, and it will be a backup plan for if they just get like 50% scholarship somewhere.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412744)



Reply Favorite

Date: July 25th, 2015 11:46 PM
Author: alcoholic indian lodge idea he suggested

part of me respects this POV and part of me believes it is the epitome of boomer proledom

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412788)



Reply Favorite

Date: July 25th, 2015 11:46 PM
Author: Deep rusted ticket booth circlehead

Its the only practical response to the insane cost of college.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412791)



Reply Favorite

Date: July 25th, 2015 11:48 PM
Author: alcoholic indian lodge idea he suggested

meh that's not my kid's fault and i'm not going to sit at my beach house drinking a cocktail going "heh" while my kid is cannon fodder because of THE PRINCIPLES

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412801)



Reply Favorite

Date: July 25th, 2015 11:49 PM
Author: Deep rusted ticket booth circlehead

its not about principles. its about what I can afford.

if I had a lot of money I would pay all my kids expenses plus give them a trust fund. the issue is I don't have a lot of money, so I can either live in abject poverty while saving for a $200,000 college degree, or I can give my kid a decent life for their first 18 years and then hope they're smart enough to earn a free ride somewhere

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412817)



Reply Favorite

Date: July 25th, 2015 11:52 PM
Author: alcoholic indian lodge idea he suggested

my grandparents put 7 kids through public ivies on one income. it's about priorities.

and if you can't scramble up $200k 20 years from now through home equity or other loans even then you have real financial problems

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412844)



Reply Favorite

Date: July 25th, 2015 11:53 PM
Author: Deep rusted ticket booth circlehead

yeah man, there has totally been no tuition inflation between now and your grandparents time

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412856)



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Date: July 25th, 2015 11:57 PM
Author: alcoholic indian lodge idea he suggested

it's not as much as you think

this particular school had ~$2500/year in-state tuition in the 70s. that's ~$12000 in 2015 dollars. it's now ~$28000. so it definitely has more than doubled, but it's not like it's 10X or something.

and my grandparents did it 7X.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412895)



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Date: July 26th, 2015 10:33 AM
Author: Medicated talking stock car native

I'd like to see a link showing this $2500 tuition in the 70's.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28414267)



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Date: July 26th, 2015 2:24 AM
Author: Charismatic Orange Roast Beef Ceo

shut the fuck up boomer scum

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28413557)



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Date: July 26th, 2015 10:29 AM
Author: alcoholic indian lodge idea he suggested

look, my point is that we need to avoid the boomers' shittiness. i.e. not buy 80k cars and houses in the Hamptons and then tell our kids "hey bro, community college or basic training! peace!"

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28414261)



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Date: July 26th, 2015 2:49 AM
Author: pearly haunting chapel gay wizard

Yes, tell us all about 1980.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28413662)



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Date: July 26th, 2015 6:25 PM
Author: Cerebral whorehouse legal warrant

why dont you have money?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28416815)



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Date: July 25th, 2015 11:58 PM
Author: bright hateful crackhouse

Enlisting in the military is complete flame. No informed human being who loves their children would do that.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28412908)



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Date: July 26th, 2015 11:06 AM
Author: pea-brained affirmative action principal's office

Depends. If we are just coming out a major war, enlisting in the military is credited because there isn't likely to be another war during your period of enlistment. On the other hand enlisting right when a NeoCon dumbass gets elected after a decade of shitlib rule: pepper angus.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28414366)



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Date: October 23rd, 2015 10:40 AM
Author: cyan cracking really tough guy address

we'll see what tuition looks like when the time comes

I'll probably bribe my kids to take the biggest scholarship they can get at a state school

I'd rather just give my kids straight cash than throw it at the anything but a hypsmc type place

let them figure out something enterprising to do with it

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#29027737)



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Date: July 26th, 2015 11:07 AM
Author: pea-brained affirmative action principal's office

Do colleges consider the money that you have saved up in your 529s when determining how much grant/aid to provide?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28414370)



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Date: July 26th, 2015 11:09 AM
Author: federal appetizing twinkling uncleanness toaster

Yes, but as parent assets

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28414380)



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Date: July 26th, 2015 11:11 AM
Author: pea-brained affirmative action principal's office

Explain. Does that affect the free money the kid gets? I don't understand the difference between parent assets and child assets for this purpose.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28414389)



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Date: July 26th, 2015 11:14 AM
Author: cruel-hearted kitty

You're better off fully funding your retirement first because the 529 assets are considered parent assets for financial aid. Retirement funds aren't.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28414398)



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Date: July 26th, 2015 11:15 AM
Author: federal appetizing twinkling uncleanness toaster

They take a percentage of parent assets (5.6% I believe) and assume that portion can be spent on college costs. Child assets are going to get a higher percent applied to them (20 I believe)

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28414403)



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Date: July 26th, 2015 11:51 AM
Author: Lascivious high-end newt

Saying anything is a fucking joke. Don't you pay attention? Everyone gets bailed out at some point. You're a fucking idiot if you're financially responsible going to cheap schools and buying a house you can afford and shit. LOL at you

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28414570)



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Date: July 26th, 2015 6:13 PM
Author: pea-brained affirmative action principal's office



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28416741)



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Date: July 26th, 2015 6:24 PM
Author: Thriller Locus

Why bother saving that much money as a UMC parent for your kid to go to Bucknell or Tufts or some shit middling college that costs 200K+? Just send them to the local CC and transfer to the state flagship or get a scholarship.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28416806)



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Date: July 26th, 2015 7:50 PM
Author: Wine Yarmulke

How much will big state u cost in 18 years?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28417202)



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Date: March 16th, 2016 7:25 PM
Author: drunken electric national

As much as the private schools now

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#30073700)



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Date: July 26th, 2015 7:36 PM
Author: carnelian home

If you make like 200k, you'd damn well better be able to pay cash because your kids aren't getting a dime of tuition assistance outside of loans. This is part of why having kids is a cruel joke for the upper middle class

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28417114)



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Date: July 26th, 2015 8:47 PM
Author: Impertinent comical multi-billionaire tanning salon

ljl in state tuition at big state u will be $140k/year in 13 years

a top 50 private school will set you back $370k/year

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28417468)



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Date: July 26th, 2015 8:54 PM
Author: carnelian home

Job prospects for each?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#28417499)



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Date: October 23rd, 2015 9:31 AM
Author: Curious stain

bigstate: KPMG/PWC accounting

t50 private: t25 law school 400k debt -> NOJERB

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#29027414)



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Date: October 23rd, 2015 10:42 AM
Author: cyan cracking really tough guy address

why would someone pay that?

doesn't it need to have some connection with an expected ROI?

seems like we're well past a reasonable expected ROI now

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#29027747)



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Date: October 23rd, 2015 10:57 AM
Author: Curious stain



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#29027822)



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Date: October 23rd, 2015 9:19 AM
Author: Curious stain

was thinking about this too. I don't think it's worth putting a dime in one. College tuition rates way outpace inflation. There's going to be a reckoning and shit's going to hit the fan sooner rather than later. No one can afford what tuition is going to be in 10 years.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#29027373)



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Date: October 23rd, 2015 9:51 AM
Author: Infuriating mauve antidepressant drug

I assume there will always be a use for the money. For example I think you can use it to pay for school books and some room and board.

Also the penalty for removing assets from a 529 is 10%. You have to pay income tax on the gains. It might all be fine given that you had tax deferral on the gains.

What I hate about our tax system is there are all of these guessing games we are expecting the average joe to make with no information. Roth or traditional IRA / 401k? How much to put in my flex account this year? Oh but the dependent flex account has different rules than the normal flex account? Oh what about the transit account - that's completely different! And if you make a mistake the tax consequences are tremendous. The tax code shouldn't force you to make decisions which are basically gambling.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#29027497)



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Date: March 16th, 2016 12:02 AM
Author: Talented hunting ground

Bothers the fuck out of me too.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#30068198)



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Date: October 23rd, 2015 9:28 AM
Author: Big Fortuitous Meteor Rehab

You: slaving away to put money into your dotters college savings plan.

Her: Taking 9 inches of Darnell's cock "hehe stop my dad is calling"

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#29027409)



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Date: October 23rd, 2015 10:05 AM
Author: pale site crotch

your child can get a cheap or free STEM education somewhere. maybe even distance learning with the rise of the MOOC. don't waste your money

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#29027559)



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Date: October 23rd, 2015 10:08 AM
Author: maroon kitchen alpha

my in-laws faithfully save for my dotter via 529. I let them because it may come in handy, but I think education will be a very different enterprise in 17 or so years.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#29027577)



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Date: March 17th, 2016 12:04 AM
Author: glittery faggotry

the hardest STEM subjects to learn are those which benefit the most from IRL feedback and projects. good fucking luck autodidacting electrical engineering through a MOOC. not to mention it takes an enormous amount of self discipline to sit in front of a computer and teach yourself something difficult.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#30076019)



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Date: March 15th, 2016 11:47 PM
Author: fishy kitty cat

Only gains get the 10% penalty if not used for education, so who gives a shit.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#30068068)



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Date: March 16th, 2016 12:25 AM
Author: Motley international law enforcement agency

One of the many problems with the Northeast is that the state universities aren't well respected. If I have children, I would love to have them go to the Ivies, but if they can't get in, a chill Southern ACC or SEC school is a reasonable option, and some place like Emory or Wake Forest would be hard to justify, at least financially. By contrast, someone in the Northeast who is choosing between Syracuse and UMass seems to have a tougher call to make.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#30068419)



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Date: March 16th, 2016 12:58 AM
Author: pearly haunting chapel gay wizard

College 15 years from now should be treated like a PhD program. If you can't go for free, you shouldn't be going.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#30068671)



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Date: March 16th, 2016 7:03 PM
Author: Razzmatazz dopamine selfie

I hope you stashed some money in there when the market tanked. I stashed away $50k when s&p hit 1850.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#30073544)



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Date: March 16th, 2016 7:32 PM
Author: slap-happy shrine jew

stfu

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#30073767)



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Date: March 16th, 2016 7:56 PM
Author: Infuriating mauve antidepressant drug

gotta love xoxohth

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#30073946)



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Date: March 16th, 2016 7:39 PM
Author: harsh unholy puppy locale

if higher education isnt 90% abolished in 20 years, we're doing it wrong in this country

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#30073838)



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Date: March 16th, 2016 11:58 PM
Author: Disgusting brunch fanboi

all i can say is

in | state | tuition

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#30075988)



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Date: March 17th, 2016 12:05 AM
Author: glittery faggotry

I'd save up enough to pay for state school. anything past that and they can pay unless they get in to MIT.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#30076029)



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Date: January 17th, 2026 5:21 PM
Author: richard clock

alright your kid is 15 now, how is the 529 going? glad you did it?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2\u0026mark_id=5310901#49597171)