[footfootfoot]

specify. avoid college degrees that are general or herd instinct. don't go into fields that compete with chinese, indian, or other willing to work for nothing things.

consider strongly, their taking a year or two off before college to continue growing up. the part of the brain controlling rational thinking is not developed until the age of 25. college before that time, unless you have a particularly unusually driven and focused child, is a complete and utter waste of money.

it really is. Start reading the blogs and such written by recent grads, look at what the under 29 set is doing with their lives now.

Unless they are planning on going into some sort of field that expects a prestigious degree go to a state school.

Learn to play the oboe or bassoon and go for a scholarship based on being the only one playing that instrument.

What sort of people are they? what do they want to do? what expectations do you and mrs glatt have of them? Would you be happy if they were house painters, or do they need to be doctors, lawyers or indian chiefs?

Most everything can be learned from books or OTJ training. One month in a busy photo studio is more education than four years in college photo classes.

I have no idea, If your kids were independent your finances wouldn't come into the picture. Free money for college has to come from somewhere and has to go to someone. Should that money be doled out according to need or ability or some combination of both?

Why are you living frugally? What is the point of that nest egg? Your retirement or your kids education? Education is far different from having a diploma, they are entirely unrelated things. What do you really want for your kids? A diploma from Harvard or for them to be educated?