Re: college costs

[Robert <http://dummy.us.eu.org/robert>]

 > From: ", Flora" <http://www.state.vt.us/~Flora.>
 > Date: Tue, 1 Jul 2014 21:00:00 +0000
 >
 > This year. With your, Noelle, and Mom & Dad gifts; plus what I had saved, there 
 > is no need for loans this year. 

Awesome.  Save away, then!

 > On Jul 1, 2014, at 4:43 PM, "Robert" <http://dummy.us.eu.org/robert> wrote:
 > >> From: Flora  <http://profiles.yahoo.com/flora>
 > >> Date: Tue, 1 Jul 2014 16:38:33 -0400
 > >> 
 > >> I told him to do it. Right now he doesn't have any loans. The money that you 
 > >> 
 > >> and Noelle gifted. Is that a loan or a gift?
 > > 
 > > Gift.
 > > 
 > > You mean, there was no need for student loans?
 > > 
 > >> On Jul 1, 2014, at 4:09 PM, Robert <http://dummy.us.eu.org/robert> wrote:
 > >>> Think marshmellows.
 > >>> 
 > >>>> From: Robert <http://dummy.us.eu.org/robert>
 > >>>> Date: Tue, 01 Jul 2014 13:08:03 -0700
 > >>>> 
 > >>>>> From: Noelle <http://dummy.us.eu.org/noelleg>
 > >>>>> Date: Tue, 1 Jul 2014 13:03:41 -0700 (PDT)
 > >>>>> 
 > >>>>> i think he's thinking ahead...didn't know interns could contribute to 
 > >>>>> 401k
 > >>>> 
 > >>>> Umm, thinking ahead means paying off debts as soon as possible to avoid
 > >>>> paying for the compound interest.
 > >>>> 
 > >>>> So, unless the returns on the 401K exceed the interest paid on loans, it
 > >>>> does not make sense.
 > >>>> 
 > >>>> Just sayin'.