with me are donna rosato and bob olson. >> how bad is it going to be for my children when they go tos, he's going off. what is their college debt going to be like and how are we going to pay it down? >> that's a question i hear over and over. >> these are scary times. today someone who attends a public school pays $30,000 a year, a private school, $60,000 a year. those are very daunting numbers. the department of education says that if the numbers continue at the same rate, within 15 -- by 2016, the payment for a college education, the tab, has doubled in the past 15 years. but that is the sticker price. you apply for financial aid, you won't have to pay that whole tab. and the key is, this woman has a lot of time. you know, put the money in a 529 plan, where you get tax breaks. choose the college wisely. we talked about this earlier. you don't have to pay for the most expensive school. state schools often give in-state students tax breaks. and look for other sources of funding, need-based aid, grants, scholarships, those kind of things. those can really cut your tab. >> what do you