@InfiniteLibrary Carnegie Mellon is very prestigious. However, your family needs to decide if they want to spend that kind of money or not.
@colfac92
“For us, we had about a year’s worth saved in accounts dedicated for college, but also had another year’s worth (+) accumulated in our general accounts (since we have been living below our means). The balance will come out of current income (both ours and the kid’s), contributions from the grandparents, and then (if necessary) student loans and/or home equity.”
We are very similar as we have for the most expensive option about 1 year in dedicated account, and another years worth also in general accounts.
for years 3 and 4, with another in schools might qualify for FA, but if not, some from income, loans and/or home equity. I prefer the home equity because of the tax benefit to us, but also like having some loans to make D accountable.
@InfiniteLibrary Way back in the day I went to CMU for engineering, and I will say that over the years of my career that the name has really helped me at times. For CS they have an even bigger reputation.
@bookworm I’ll do that! Thank you!
@citymama9 I see. That is good advice - I’ll think about it - hope I decide by May 1. Thanks!
@sdl0625 Thank you for giving me info about its reputation. I will think things over - thank yoU!
$72K/yr…wow…that is a LOT.