[quote=Ren][quote=squat300]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?[/quote]
Why not buy a couple of rental properties now, and let someone else make the tuition loan payments?
I went along with starting a 529 to humor certain family members, but “saving” certainly won’t be paying for their college. Their books maybe (or phablets, or brainlets, or whatever they’ll be using in 14 years).[/quote]
The moment you have an account (save retirement account) it counts toward income from aid perspective.
529 plan did 19% last year BTW…So it’s not really just savings, unless one picks a really bad 529 plan.
