[charlesbahn]

I've been down this road with my three sons. Alot depends on what you can afford. I wouldn't bankrupt the family if the funds for college just arn't there. In my case, I covered the college expenses and co-signed loans for professional schools (law and engineering). Although I probably could have managed to cover the post graduate tuitions, and my sons at the time thought it highly unfair that I didn't, it did turn out well. I believe that at that level, they perform better if they're on the hook for the loans and know the costs. Buying houses is still in our future, I'll probably not just give outright gifts unless an inheritance tax advantage permits it. After my wife and I are gone, what's left over is theirs.