There are several ways to save on the expense side, such as attending a good, local two-year college, then going on to a more expensive university for the final two years.

On the income side, there are always employment opportunities, from flipping burgers to working in a grocery store to pay the bills.

For sure, I would never want a parent to sacrifice their retirement to fund their children’s education. A student can always get a loan, grant, or scholarship; those opportunities don’t come for a retired person.