<p>DH and I are considering it, we would have to borrow a portion of the money, however. Our current plan is to try to stay close to 1 year ahead in banked money, and see how she likes the school (read the distance and weather, we're in Alabama). You can pre-pay from 2-4 years, and we may opt to pre-pay the remaining 3 years next year. Two big issues for us are timing of payments, plus tax advantages of borrowing on home equity.
Running some numbers, using 4.9% tuition increase, and assuming very safe investment of capital, plus borrowing 3 of 4 years on the home equity and deducting the interest - we just about broke even - that was part of the decision to just pay this year and see how things go.
Greensleeves - we do have confidence that you will stay! Just doesn't sound like it!</p>