Tuition is tax deductible, you can also save for it tax-free (529 plans).
If a family of 4 cannot save for college on $150K a year their priorities are out of balance. My parents did it and they never made half that. Put my brother and I through college with no financial aid. In-state, but still....
> My parents did it and they never made half that. Put my brother and I through college with no financial aid. In-state, but still....
I don't necessarily disagree but what time frame are we talking about? Because even 10 years ago state was massively cheaper than private, particularly the upper private schools.
If your parents made 70k and put you two through state, I'd assume they either saved an incredible amount or were paying somewhere around 10k/year. Perhaps I'm wrong, just guessing.
But I think you can do the math on 10k expense on 70k income versus 50k expense versus 150k income (as incomes haven't improved in a very long time).
If a family of 4 cannot save for college on $150K a year their priorities are out of balance. My parents did it and they never made half that. Put my brother and I through college with no financial aid. In-state, but still....