[quote=flu]The only thing though is college expense. Hopefully, our budgets for that is sufficient. Part of that will come out of a well funded 529 account that clobbered most of my other account’s performance, a custodial account that’s been religiously gifted to annually, and if necessary selling of a rental property if necessarily at that point. I figure that should take the little kiddie through med-school (if that’s going to happen) heh heh.
Of course, we can always try to get into a UC school, pay in-state tuition, and piss off people that think paying in state tuition costs CA taxpayers a lot because of the reduced tuition, especially if the student is chinese,lol.[/quote]
This is were Cali shines, the UC system is outrageously inexpensive. Seriously, $15K for UCLA or Berkeley , or UCI, or Merced, or any other versus $50K for Georgetown, Dartmouth, Cornell, Brown, Carnegie Mellon, just list any top ranking.
The Cal State system runs half the UC system.
The rest of the expense, is what it costs to live in Cali and frankly, it’s cheaper living as a college kid here than living as a young adult working.
IMO, a kid going to UCI is going to fork out close to $32K to live on campus and get an education. That same kid if he was working in Orange County is going to have to probably shell out $32K to live and work here.
