My wife and I met while we were undergraduates at Michigan State University. We would, as would be expected, like for our children to follow in our footsteps. The following was copied directly from the msu.edu admissions website:

In-State Freshmen
•Tuition and fees (15 credits/semester): $12,822
•Housing (double room/Silver Meal Plan): $8,204

Total for two semesters: $21,026

How are we going to afford that?

That's just an estimate for one child for one year. For the 2011/2012 year. Our oldest won't be ready for college for another 10 years.

My oh my. One financial crisis just follows another.