[quote=flu][quote=squat300]i will be pretty broke if I pay sticker price for 3 kids over the next 12 years…ahh, the hell with it…community college for everyone…[/quote]
Squat..Just wait until state schools start to follow some private schools and start including the equity of your primary residence towards whether your kids qualify for financial aid…Yup that’s right…If you spent your time paying off your house, they expect you to mortgage your house to pay for your kid’s education. Meanwhile, if you totally heloced the hell out of it and have no equity, then you get a benefit.
Would it pay to remortgage the house for fin aid purposes, invest the money? Would the difference between heloc interest and return be less than the inc. tuition?
