I've been looking at posts about financial goals . . .one of my goals is to be able to help my kid(s?) with college when the time comes. How much should I be saving? Here are some of the factors I'm considering:
1) Right now we have one 1.5 year old child. She may or may not have siblings someday but I'd be really surprised if she ever had more than 2. (Thinking 3 kids max . . . more likely 2 . . . maybe just 1)
2) We don't really care about public vs. private.
3) Right now my husband works at a private university and our children would qualify for 75% tuition remission. However, I think it's unwise to count on him staying there for the next 20-25 years.
4) I don't want my children to have college debt when they graduate, but I don't want them to completely depend on "mom and dad paying for everything" either.
5) I have no idea what congress is going to do with 529 plans over the next 25 years.
6) I have no idea what's going to happen to financial aid over the next 25 years.
7) I'm not even positive my kids will go to college. (1 or 2 of them don't even exist yet
)
Thoughts? What do you guys do?