At what point can a parent actually afford to pay for their child's college?
How much should a parent reasonably be able to save for their child's college depending on their income.
50k-
100k-
150k-
200k-
250k-
My parents are fairly wealthy(do not want to disclose income) and they are willing to pay for tuition and room and board to any instate school or a school I can get into that is cost equivalent to a Texas university. Being a senior, I do not fully understand the lengths an income will go.
Just to say, I am extremely grateful for my parents being able to pay for in state schools. I am just wondering how much they could actually afford.
Thanks!
↧