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Rate my plan for paying for kids' college

1) Guarantee to pay price of state flagship (15k a year or w...
Bearded dysfunction legend
  04/20/18
Age of kid? The CR thing to do it buy a rental property f...
provocative locus
  04/20/18
Describe this plan and why it is better than funding a 529.
titillating gas station incel
  04/20/18
leverage.
provocative locus
  04/20/18
Also -- I know you can buy a rental property with a Self-Dir...
provocative locus
  04/20/18
(Brandon Turner)
idiotic dull knife
  04/20/18
Funny you mention him. I had no idea who he was until I star...
provocative locus
  04/20/18
Hah
Floppy buff hell
  04/20/18
Northwestern is a great school
Claret hyperactive headpube
  04/20/18
Lol
Floppy buff hell
  04/20/18
If the kid goes to Tufts (#29), does he owe you money?
Flatulent laser beams
  04/20/18
As it should be.
Underhanded box office
  04/20/18
how old are they now? state flagships will all be 40k+/yr i...
Rose roast beef
  04/20/18
They won't go to college for a while, I'm mainly just curiou...
Bearded dysfunction legend
  04/20/18
lol, I expected a plan to actually make money to pay for it,...
bossy doctorate kitty cat
  04/20/18
Plan to make money is to repeatedly slip and fall in various...
Bearded dysfunction legend
  04/20/18
LMAO
Fear-inspiring Point
  04/20/18
...
pea-brained nighttime rigpig garrison
  04/20/18
cr. Xo is so damaged sometimes.
Deranged brunch keepsake machete
  04/20/18
...
emerald wonderful field
  04/21/18
...
Thriller Vermilion Theater Useless Brakes
  10/13/18
Ur better off completely ruining yourself financially the ye...
Clear Racy Generalized Bond
  04/20/18
to cop dat need-based aid?
Bearded dysfunction legend
  04/20/18
yes exactly
Clear Racy Generalized Bond
  04/20/18
If your kids are emancipated the senior year of high school ...
Underhanded box office
  04/20/18
I wonder if people actually do that
Bearded dysfunction legend
  04/20/18
they do
Clear Racy Generalized Bond
  04/20/18
If you approached some lawyer wanting guidance on how to do ...
Bearded dysfunction legend
  04/20/18
*starts writing business plan*
Underhanded box office
  04/20/18
yeah you might want to talk to boner police. while hes not a...
Clear Racy Generalized Bond
  04/20/18
OP seems oriental
silver factory reset button
  04/20/18
...
concupiscible doobsian selfie
  04/20/18
...
charcoal ratface location
  04/20/18
if by Oriental you mean retarded, then yes
emerald wonderful field
  04/21/18
do not give money to schools for any reason on behalf of any...
concupiscible doobsian selfie
  04/20/18
Plenty of $chooarships our there for smart kidz
charcoal ratface location
  04/20/18
BEEP BEEP BEEP but seriously, send your sons to one of th...
diverse sapphire friendly grandma
  04/20/18
Just pay for state school, let kid cover the rest if they wa...
idiotic dull knife
  04/20/18
what state school only costs 15k a year?
massive tripping native
  04/20/18
Sitting Bull College, ND $938. South Texas College $1,317. ...
idiotic dull knife
  04/20/18
5. Mississippi Valley State University Location: Itta Ben...
idiotic dull knife
  04/20/18
in state tuition and costs = a lot
contagious party of the first part tank
  04/20/18
*NOT paying
sienna comical associate dog poop
  04/20/18
How neurotic will you make kid with this plan
self-absorbed apoplectic hospital background story
  04/20/18
My plan: GI bill at State Flagship or they have to get accep...
Lascivious gaping whorehouse
  04/21/18
you gotta put in safeguards or else you might end up paying ...
iridescent yarmulke home
  04/21/18


Poast new message in this thread



Reply Favorite

Date: April 20th, 2018 4:01 PM
Author: Bearded dysfunction legend

1) Guarantee to pay price of state flagship (15k a year or whatever)

2) In addition, pay (25-x)/25 of the remaining cost, where x = USNews ranking.

For example, I'd pay 100% of 47k for Princeton, since its #1 (technically #0 with this scheme).

Or, for Northwestern, which is #11 and costs 52k, I'd pay 15k + (52-15)*(25-10)/25 = 37k



(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883306)



Reply Favorite

Date: April 20th, 2018 4:02 PM
Author: provocative locus

Age of kid?

The CR thing to do it buy a rental property for each kid before you have it.

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883312)



Reply Favorite

Date: April 20th, 2018 4:11 PM
Author: titillating gas station incel

Describe this plan and why it is better than funding a 529.

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883378)



Reply Favorite

Date: April 20th, 2018 4:19 PM
Author: provocative locus

leverage.

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883449)



Reply Favorite

Date: April 20th, 2018 5:35 PM
Author: provocative locus

Also -- I know you can buy a rental property with a Self-Directed IRA. Perhaps the same is true for 529s?

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884026)



Reply Favorite

Date: April 20th, 2018 6:26 PM
Author: idiotic dull knife

(Brandon Turner)

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884388)



Reply Favorite

Date: April 20th, 2018 6:37 PM
Author: provocative locus

Funny you mention him. I had no idea who he was until I started watching some youtube videos on real estate since I'm currently buying a place.

As far as I can tell that guy and his crew put out zero useful information.

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884467)



Reply Favorite

Date: April 20th, 2018 4:02 PM
Author: Floppy buff hell

Hah

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883313)



Reply Favorite

Date: April 20th, 2018 4:07 PM
Author: Claret hyperactive headpube

Northwestern is a great school

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883348)



Reply Favorite

Date: April 20th, 2018 4:08 PM
Author: Floppy buff hell

Lol

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883350)



Reply Favorite

Date: April 20th, 2018 4:09 PM
Author: Flatulent laser beams

If the kid goes to Tufts (#29), does he owe you money?

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883358)



Reply Favorite

Date: April 20th, 2018 4:10 PM
Author: Underhanded box office

As it should be.

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883367)



Reply Favorite

Date: April 20th, 2018 4:11 PM
Author: Rose roast beef

how old are they now? state flagships will all be 40k+/yr in state within 10 yrs

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883379)



Reply Favorite

Date: April 20th, 2018 4:14 PM
Author: Bearded dysfunction legend

They won't go to college for a while, I'm mainly just curious what xo thinks about the idea

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883396)



Reply Favorite

Date: April 20th, 2018 4:12 PM
Author: bossy doctorate kitty cat

lol, I expected a plan to actually make money to pay for it, not some autistic formula.

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883381)



Reply Favorite

Date: April 20th, 2018 4:16 PM
Author: Bearded dysfunction legend

Plan to make money is to repeatedly slip and fall in various fast food joints and sue them

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883417)



Reply Favorite

Date: April 20th, 2018 4:17 PM
Author: Fear-inspiring Point

LMAO

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883432)



Reply Favorite

Date: April 20th, 2018 4:20 PM
Author: pea-brained nighttime rigpig garrison



(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883458)



Reply Favorite

Date: April 20th, 2018 6:46 PM
Author: Deranged brunch keepsake machete

cr. Xo is so damaged sometimes.

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884518)



Reply Favorite

Date: April 21st, 2018 2:41 PM
Author: emerald wonderful field



(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35889221)



Reply Favorite

Date: October 13th, 2018 11:10 AM
Author: Thriller Vermilion Theater Useless Brakes



(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#37013689)



Reply Favorite

Date: April 20th, 2018 4:18 PM
Author: Clear Racy Generalized Bond

Ur better off completely ruining yourself financially the year before your kid goes to college.

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883445)



Reply Favorite

Date: April 20th, 2018 4:21 PM
Author: Bearded dysfunction legend

to cop dat need-based aid?

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883473)



Reply Favorite

Date: April 20th, 2018 4:22 PM
Author: Clear Racy Generalized Bond

yes exactly

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883478)



Reply Favorite

Date: April 20th, 2018 4:30 PM
Author: Underhanded box office

If your kids are emancipated the senior year of high school and live on their own, I think they qualify as independent, meaning no expected family contribution and high need-based aid.

Shouldn't be too hard to structure that favorably if you plan well in advance.

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883537)



Reply Favorite

Date: April 20th, 2018 5:32 PM
Author: Bearded dysfunction legend

I wonder if people actually do that

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884011)



Reply Favorite

Date: April 20th, 2018 5:36 PM
Author: Clear Racy Generalized Bond

they do

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884037)



Reply Favorite

Date: April 20th, 2018 5:42 PM
Author: Bearded dysfunction legend

If you approached some lawyer wanting guidance on how to do this with one of your kids, would they be open to the idea?

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884067)



Reply Favorite

Date: April 20th, 2018 5:49 PM
Author: Underhanded box office

*starts writing business plan*

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884106)



Reply Favorite

Date: April 20th, 2018 6:55 PM
Author: Clear Racy Generalized Bond

yeah you might want to talk to boner police. while hes not a lawyer hes one of the most prominent financial aid/student justice consultants in the country.

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884573)



Reply Favorite

Date: April 20th, 2018 4:24 PM
Author: silver factory reset button

OP seems oriental

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883501)



Reply Favorite

Date: April 20th, 2018 4:31 PM
Author: concupiscible doobsian selfie



(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883555)



Reply Favorite

Date: April 20th, 2018 5:36 PM
Author: charcoal ratface location



(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884030)



Reply Favorite

Date: April 21st, 2018 2:42 PM
Author: emerald wonderful field

if by Oriental you mean retarded, then yes

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35889227)



Reply Favorite

Date: April 20th, 2018 4:31 PM
Author: concupiscible doobsian selfie

do not give money to schools for any reason on behalf of anyone

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35883548)



Reply Favorite

Date: April 20th, 2018 5:36 PM
Author: charcoal ratface location

Plenty of $chooarships our there for smart kidz

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884035)



Reply Favorite

Date: April 20th, 2018 6:23 PM
Author: diverse sapphire friendly grandma

BEEP BEEP BEEP

but seriously, send your sons to one of the academies

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884365)



Reply Favorite

Date: April 20th, 2018 6:26 PM
Author: idiotic dull knife

Just pay for state school, let kid cover the rest if they want to go private or out of state

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884383)



Reply Favorite

Date: April 20th, 2018 6:27 PM
Author: massive tripping native

what state school only costs 15k a year?

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884390)



Reply Favorite

Date: April 20th, 2018 6:30 PM
Author: idiotic dull knife

Sitting Bull College, ND $938.

South Texas College $1,317.

University of Texas-Pan American $1,646.

Indian River State College $2,138.

California State University-Dominguez Hills $2,451.

California State University-Los Angeles $3,263.

Elizabeth City State University, NC $3,335.

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884428)



Reply Favorite

Date: April 20th, 2018 6:34 PM
Author: idiotic dull knife

5. Mississippi Valley State University

Location: Itta Bena, Mississippi

Average Out-of-State Tuition: $5,916 per year

Learn more about Mississippi Valley State University.

4. Southern University at New Orleans

Location: New Orleans, Louisiana

Average Out-of-State Tuition: $4,911

Learn more about Southern University at New Orleans.

3. Minot State University

Location: Minot, North Dakota

Average Out-of-State Tuition: $6,086 per year

Learn more about Minot State University.

2. Oklahoma Panhandle State University

Location: Goodwell, Oklahoma

Average Out-of-State Tuition: $6,739 per year

Learn more about Oklahoma Panhandle State University.

1. Chadron State University

Location: Chadron, Nebraska

Average Out-of-State Tuition: $5,630 per year

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884451)



Reply Favorite

Date: April 20th, 2018 6:47 PM
Author: contagious party of the first part tank

in state tuition and costs = a lot

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884526)



Reply Favorite

Date: April 20th, 2018 6:36 PM
Author: sienna comical associate dog poop

*NOT paying

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35884459)



Reply Favorite

Date: April 20th, 2018 8:10 PM
Author: self-absorbed apoplectic hospital background story

How neurotic will you make kid with this plan

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35885121)



Reply Favorite

Date: April 21st, 2018 2:49 PM
Author: Lascivious gaping whorehouse

My plan: GI bill at State Flagship or they have to get accepted into a Military Academy

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35889260)



Reply Favorite

Date: April 21st, 2018 2:59 PM
Author: iridescent yarmulke home

you gotta put in safeguards or else you might end up paying $$$ for some TTT school that has gamed the rankings

(http://www.autoadmit.com/thread.php?thread_id=3955029&forum_id=2#35889303)