So how does a two-Fed family that gets fired send a kid to college?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Send them in-state public. Decision day hasn’t passed yet. Most kids I know apply to one or more. My kids applied to 3 even when they wanted private. We insisted on having a financial safety school. And it was smart because while they were offered generous financial aid in several schools, in-state was still cheaper and that’s where they ended up. If you’re a 2 fed household, it’s likely you have a 529 that should cover in-state. My sibling and their spouse have 1 in college and 1 HS senior and they saved in the 529 and chose public’s.

I think you might be really out of touch with modern applications. For Maryland, applications really need to be in by 11/1 at the latest. Most state schools have very early applications — rolling.

Not out of touch as my kids are at UMD and applied EA. My point was most kids we know applied to a few public in-state options. OP’s child likely did. If not, they might consider community college and a transfer. I know that seems like a disappointing option but I know kids who have had to do it for various reasons. It was our backup plan if DH was laid off as things got really rough for his industry after 2020.

[Anonymous]

Anonymous wrote:two fed families have had 18yesrs to save for college. This is what a 529 is for. I’m sorry for people who are well paid white collar workers too financially irresponsible to have planned for their kids education.

And we are sorry that your kids are not high achievers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:two fed families have had 18yesrs to save for college. This is what a 529 is for. I’m sorry for people who are well paid white collar workers too financially irresponsible to have planned for their kids education.

And we are sorry that your kids are not high achievers.

Many high achievers go to state colleges as that is what their parents can afford. Mine will.

[Anonymous]

OP lots of nastiness on this forum. I don’t have any advice but I’m sorry for what you are going through now.

[Anonymous]

Anonymous wrote:

Anonymous wrote:two fed families have had 18yesrs to save for college. This is what a 529 is for. I’m sorry for people who are well paid white collar workers too financially irresponsible to have planned for their kids education.

And we are sorry that your kids are not high achievers.

well i have one at UVA and he was. National Merit Scolar. He’s such an under achiever🤣. Despite all we were adult enough to start putting whatever could into the 529 from the time i found out i was pregnant.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:two fed families have had 18yesrs to save for college. This is what a 529 is for. I’m sorry for people who are well paid white collar workers too financially irresponsible to have planned for their kids education.

And we are sorry that your kids are not high achievers.

well i have one at UVA and he was. National Merit Scolar. He’s such an under achiever🤣. Despite all we were adult enough to start putting whatever could into the 529 from the time i found out i was pregnant.

Lol imagine bragging about all of the college saving you’ve done—and thinking you are superior in some way—because you’re “adult enough” and not “financially irresponsible” and then admitting your kid is at their in-state flagship.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:two fed families have had 18yesrs to save for college. This is what a 529 is for. I’m sorry for people who are well paid white collar workers too financially irresponsible to have planned for their kids education.

And we are sorry that your kids are not high achievers.

well i have one at UVA and he was. National Merit Scolar. He’s such an under achiever🤣. Despite all we were adult enough to start putting whatever could into the 529 from the time i found out i was pregnant.

I'm glad you're proud of your son - sounds like he's achieved a lot. I wonder if he's proud of you? Would he be proud of you spending your free time on a message board being cold and condescending to someone worried about losing their job? If so, then trust me when I say that something went wrong in parenting.

[Anonymous]

get a job

[Anonymous]

Anonymous wrote:Stop with the preaching. Let’s offer concrete advice for the now?

Advice (if you REALLY have to ask): Get new jobs, get college loans, kid gets job, use your college savings.

[Anonymous]

Anonymous wrote:You can appeal the financial aid based on a change in circumstance.

If they got into a college that is generous with financial aid you may get a good amount. But most colleges don't meet need.

Might need to consider the CC->state U plan if other options aren't affordable.

This.

[Anonymous]

Anonymous wrote:

Anonymous wrote:You can appeal the financial aid based on a change in circumstance.

If they got into a college that is generous with financial aid you may get a good amount. But most colleges don't meet need.

Might need to consider the CC->state U plan if other options aren't affordable.

This.

Again, private schools tend to offer great aid. State schools cannot. Shop around or go directly to bursar where kid accepted and explain. Don’t be afraid to ask for more money in a package. Sometimes they raise the scholarship or add a grant to cover room and board. It’s possible to go to a really good private school for very little.

[Anonymous]

Send the kid to community college. Mine is going there. No essays, not even doing the FAFSA.
No way am I paying $30-$40k for year 1 and 2.
CC is so cheap that the kid can work and pay for it and I will help.
You were two FEds? My ex never worked a day in his life and I was a server. I invested $400 a week since 2007 and it has done well in the market. Doesn't mean I will waste it on college.
Your $400 a week invested is somewhere in your house, in retirement account, or investment account. Mine is in 529, Roth, and regular investment account. Very easy to get it out.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:two fed families have had 18yesrs to save for college. This is what a 529 is for. I’m sorry for people who are well paid white collar workers too financially irresponsible to have planned for their kids education.

And we are sorry that your kids are not high achievers.

well i have one at UVA and he was. National Merit Scolar. He’s such an under achiever🤣. Despite all we were adult enough to start putting whatever could into the 529 from the time i found out i was pregnant.

Lol imagine bragging about all of the college saving you’ve done—and thinking you are superior in some way—because you’re “adult enough” and not “financially irresponsible” and then admitting your kid is at their in-state flagship.

new poster here
WTH?
UVA is definitely something to "brag about."

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:two fed families have had 18yesrs to save for college. This is what a 529 is for. I’m sorry for people who are well paid white collar workers too financially irresponsible to have planned for their kids education.

And we are sorry that your kids are not high achievers.

well i have one at UVA and he was. National Merit Scolar. He’s such an under achiever🤣. Despite all we were adult enough to start putting whatever could into the 529 from the time i found out i was pregnant.

Lol imagine bragging about all of the college saving you’ve done—and thinking you are superior in some way—because you’re “adult enough” and not “financially irresponsible” and then admitting your kid is at their in-state flagship.

new poster here
WTH?
UVA is definitely something to "brag about."

They aren’t bragging about UVA, they’re bragging about how great they are at saving and then sent their kid to a tuition-controlled, taxpayer- subsidized school.

UVA is great. But don’t think you’re superior in some way because you saved for a school that half the people here could cash flow.

[Anonymous]

Anonymous wrote:two fed families have had 18yesrs to save for college. This is what a 529 is for. I’m sorry for people who are well paid white collar workers too financially irresponsible to have planned for their kids education.

Plenty of them had to pay off at least ten years of student loans themselves. Some may have had high healthcare expenses (the ACA didn't exist when today's HS seniors were born). Some families may have other children with special needs. Still others may have struggled during the crash that happened when these seniors were toddlers and found themselves deep in recovery for years.

It's so easy to sit on the internet and be high and mighty but it's just as easy to have compassion if you try even a little bit.