In reply to: I'd be somewhat surprised if the full 700k was from 529 posted by jt
The tuition did not all come from 529. I had a unique situation 2010-2012 that allowed me to pay a year or two of kid 3's and 4's ND tuition out of cash flow while their 529s recovered and grew after the 2008 market meltdown.
Perhaps I was to strong in my wording saying "bail out." It just seems that policies change right at the wrong time for me. I am grateful I avoided parent loans or encumbering my house with new debt to accomplish the feat.
I said it before, I will say it again -- I am so glad to be out of that rat race!
@jt - I will e-mail you.
my concern is that this program, whether you call it a bailout or not, really doesn't solve the underlying issue(s).
It just reeks of politics as usual in this day and age.
I wish they would solve the real problem or even make an attempt. I won't hold my breath. In the meantime, I'm not going to begrudge a government benefit that might actually go to a middle class recipient for a change after experiencing the actual bailouts over the last 15 years.