As of 10:30 (ET) today (1/20), the stock market is down ~ 800 points since the opening on Friday (1/16). This has a direct impact on 401k, the housing market, and the potential loss of jobs as consumer confidence dwindles. We all know you are not supposed to rely on 401k to pay for, or factor into, your child's educational expense. However, there is some comfort level in knowing you have home equity or a larger surplus in 401k funds, if necessary.
Given the above, and for the purposes of this topic, let's assume the market continues to go down over the course of the next few months.
Question: Would a sharply falling economy impact your child attending a certain university? Would you give additional considerations to enrolling your child into an "in-state" university VS a private university or an "out-of-state" public university?
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