Speculate please - cost of college 18 years from now

[Anonymous]

Anonymous wrote:It's crazy. Our EFC is $150,000 per YEAR with a $430,000 income. That's just not right.

Consider yourself lucky; our EFC is 50k per year with a 150k income.

[Anonymous]

Anonymous wrote:I think public universities will be free for most kids. Many already are. Georgia's Hope Scholorship and Florida's Bright Futures are just two of so many examples. I have a child at UF. We don't pay a dime. And our HHI is too high for any need based help. She was awarded the highest Bright Futures Scholorship (not difficult to get at all) and received additional money from the school.

I also have two kids in other state schools. Both received scholarships from the state for decent (not outstanding) GPAs and high-ish SAT scores.

The cost of college will continue to skyrocket for privates. But state schools are awarding kids who work hard in high school.

That's probably only an option for the top 10-15% of kids though.