<p>I disagree with that comment #332, that one shouldn’t raid their 401k’s or home equity to pay for college. I have a coworker that has a HUGE home and just recently paid $100,000 to upgrade her bathroom and then she tells me that she has no money to pay for her son’s education. She is looking for the cheapest option available to pay for her son’s education. I told her to take a home equity loan to pay for his education. She said, I have read you aren’t supposed to touch your home equity. I told her well did you save all these years for your son or did you spend it on your home? Case point! My point is that she should have had a smaller home and saved for college at the same time. These commentators are wrong in saying you shouldn’t touch your home equity. It all depends on the person. My opinion is simply, pay for the best education you can afford, afterall “you get what you pay for”. I would never send my child to a HUGE state school simply because it is cheaper. You need to realize it is way too big, they are taught by TA’s which is a scam and on top of that, they don’t want you there and they have a huge weed out process! So you end up paying for a year or two and then your child flunks out because of the weed out process (due to too many students). So you’ve wasted $30-60K on tuition and hurt your child’s self esteem in the process. Unbelievable. It is cheaper for a reason. Do your homework and you will see the differences between a smaller school and a huge state school.</p>