Quote:
Originally Posted by jIM_Ohio
Run MIcrosoft- worked for Bill Gates
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Bill Gates went to Harvard. 529 could've paid for that until he dropped out. He also went to a super fancy private prep school. 529s couldn't pay for that, but Coverdell could have.
I guess you could have a kid with a great athletic ability and get a full-ride scholarship, and then make it to the pros... but the likelihood of that happening doesn't seem very high to me.
I find it highly unlikely that our kids will not make use of the 529s we have set up for them. I'm sure enough that I'm willing to risk the 10% penalty.