<p>“Did any parents on here, when their darlings were born some 18+ years ago, ever think it would cost $60k per year to pay for a private university?”</p>
<p>This is a great point! I actually think I had read a few articles early on in Money Magazine when I was planning what to put away, and I figured I would need $200,000 if I wanted to be able to have my son go to any college he wanted. I saved very close to that amount for child #1 and am definitely considerably behind for child #2. Turns out that $200k isn’t actually enough either! It’s more like $240k, and I just wonder if it will continue to be a moving target, lol. Fortunately, my husband’s income is somewhat higher than I expected as well so we can pay the difference each year, and my younger child is showing signs of wanting to go to a much less competitive state school where I also think he’ll get merit aid. </p>
<p>But seriously, I really put thought into it, and I still didn’t think it would cost more than some house for four years of college!</p>