<prompt> Human: My spouse and I have very high debt from our own college and grad school loans six figures plus about 30K in credit card debt. We are both on 10 year loan forgiveness plans with about 6 years to go. We have two private loans totaling 20K which are not on loan forgiveness. I have been aggressively paying down debt since I took over our bills a few months ago.We have two kids: one starts college in 2 years, and the other starts college in 5 years. We have not put anything away for their college education. My question is: Do I keep throwing all of our money at our debt now, or do we also put what we can into a 529 for the next few years?  <response>: Always debt. Youll do your kid a bigger favor by having your finances in order than having a giant 529 fund. 