Help for parents saving for their kids college

[Munchkin03]

Originally posted by KillarneyRose
That's a really good idea; thanks for posting

We set up thingamajigs (portfolios, I think they're called. A bunch of stocks and other investments?) for our daughters when we were born and plan to cash those in when it's time to pay for college. I'll tell you, though, it's hard to keep up with the rising tuition prices.

This is what my parents did for my sister and I...unfortunately, they weren't expecting me to go to what was at the time the most expensive college in the nation. All of the Ivies are over $40K this year for the first time---and I don't see it getting any better. I have no idea what's going to happen for my niece and nephew, as tuition costs are outstripping inflation!