This past weekend we tailgated with friends in town for the Northwestern vs Michigan State game. Many are in the depths of paying and saving for college tuition or are a few short years away.

Saving for college: Is it really that expensive? It's time to start saving and planning ahead now while the kids are young.

The conversation about sending kids off college steered toward where we want our girls to go. In state or out of state? As a southern girl, I have dreams of Vanderbilt, Ole Miss or Mississippi State. My husband wouldn’t mind Michigan State. We’ve got time on our hands, but the cost of sending a child to college is NO joke.

Not that I’m naïve, but I almost choked on my Bloody Mary when my husband clued me in on how much we’ll pay for college tuition by the time our oldest left the nest. Listen, we do ok financially but as a 1 ½ income family, if we didn’t start saving for college when the girls were babies (or even now at ages 10 and 8) they’ll be forced to incur a significant amount of student loans.

Saving for college: Is it really that expensive? It's time to start saving and planning ahead now while the kids are young.

We were fortunate to both graduate college debt free and that’s our goal for the girls. The last thing I want to do is burden them with mounds of debt before they have a chance to start their careers. On the other hand, I also want to be able to retire at a reasonable age and continue enjoying annual vacations. And feeding our family is important too!

As college tuitions continue to rise, it’s so important to put plan in place and start saving now. Did you know that in 18 years a state university could cost as much as $41,000+ per year?? So much for my dreams of tailgating at a southern school – how can we even justify out of state tuition?

Saving for college: Is it really that expensive? It's time to start saving and planning ahead now while the kids are young.

While we don’t know what college our girls will want to attend, it’s imperative to start planning and saving early to avoid financial difficulties in the future.

Have you started saving for college?

Saving for college: Is it really that expensive? It's time to start saving and planning ahead now while the kids are young.

This is a sponsored post written by me on behalf of Country FinancialAll chic opinions are honest and 100% our own. We only partner with brands that we know our savvy readers will be interested. 

16 Comments on Saving for College – Does It Really Cost That Much?

  1. Melissa Chapman
    November 8, 2017 at 4:50 pm (1 week ago)

    It is so sobering I have been saving for 15 years and started early and have done well in our 529 but it still might not be enough. The rule is start early and contribute often like so many other things.

  2. reesa
    November 8, 2017 at 8:07 pm (1 week ago)

    We started a savings account for my kids for their college a few years ago. A little bit has gone a very long way so far.

  3. Terri Steffes
    November 8, 2017 at 8:55 pm (1 week ago)

    Our state has an awesome tax free savings plan for college that was a tremendous help for us. Our daughter, who is 32, graduated debt free, unlike many of her colleagues.

  4. Krystal Butherus
    November 8, 2017 at 9:16 pm (1 week ago)

    Paying for college I’ve heard can be expensive! Great advice on setting aside money for your kids’ college education.

  5. Rachel
    November 8, 2017 at 9:52 pm (1 week ago)

    We have barely started saving for college. We are definitely starting to see the reality of how hard it will be to save now that college is only 7 years away.

  6. Alison Ray
    Alison Ray
    November 9, 2017 at 8:09 am (1 week ago)

    That’s amazing!

  7. Alison Ray
    Alison Ray
    November 9, 2017 at 8:10 am (1 week ago)

    Wow it’s scary to know you’ve been saving that long and it still may not be enough?

  8. Joanna @ Everyday Made Fresh
    November 9, 2017 at 8:17 am (1 week ago)

    My oldest daughter is in her freshman year at a local state college. The prices are ridiculous. We didn’t have any savings for her college, and thankfully she was able to get financial aide.

  9. Cindy Ingalls
    November 9, 2017 at 5:19 pm (1 week ago)

    It’s crazy how expensive college has become. It really shouldn’t be so unattainable or require so much student debt. The earlier you start saving the better.

  10. Angela Cardamone @marathonsandmotivation.com
    November 9, 2017 at 6:24 pm (1 week ago)

    I almost fell over when our financial planner told me how much to put away!! It is so expensive…my kids will need to take out a few loans!

  11. Jessica Joachim
    November 9, 2017 at 6:45 pm (1 week ago)

    we plan on doing for our kids what my mom did for me, and that is the Florida Pre-paid college. I was able to go to 2 years community and 2 years state for a locked in rate that my mom paid for when i was a kid.

  12. Hey Sharonoox
    November 9, 2017 at 7:12 pm (1 week ago)

    We started saving for our kid’d college fund a few years ago. It’s great to start early.

  13. Andrea
    November 9, 2017 at 7:35 pm (1 week ago)

    SO important and while I myself am not in college and my brother is about to graduate it is a good thing to keep in mind when and if I do decide to have kids. Thank you so much for all the wonderful tips.

  14. Alison Ray
    Alison Ray
    November 9, 2017 at 8:18 pm (1 week ago)

    It’s crazy how expensive and how much money college will be for our kids.

  15. Alison Ray
    Alison Ray
    November 9, 2017 at 8:19 pm (1 week ago)

    So true!

  16. Alison Ray
    Alison Ray
    November 9, 2017 at 8:20 pm (1 week ago)

    Wow she was lucky! I remember trying to apply for financial aide and was denied numerous times. My mom had to take out a parent loan to help pay for my college and it was no where close to being overly expensive.

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