2. Turn off the main water supply for the house. Put a bucket under the drain pipe. Open the cold-water handle of the kitchen faucet and let the water drain out if you're replacing the cold valve. Drain the hot side if you're replacing the hot valve.
According to Fidelity, a family making $55,000 would need to save $48,000 to cover the qualified expenses of a public university and $107,000 to cover such costs for a private one. This translates into saving $160 a month for a public college and $410 a month for a private one.
Consider an affluent parent offering grown kids annual support of $10,000. It may not seem like much when you take it apart: maybe $300 a month for rent, $50 a month for a cellphone, $150 for insurance, $200 to $250 for a car lease or loan, and maybe $100 toward college debt. Say you do this for five years.