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College and University Discussion
Reply to "How to get my dad to factor in cost of attending?"
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[quote=Anonymous]If you haven't already, I think you need to reveal your family's finances to your child. How much income you make, how much savings, balance of 529, what your monthly budget is/expenses are. Then complete the online net price calculator for both schools WITH her which will lay out the difference in cost to YOUR specific family. Finally, you need to discuss your goal of having her graduate debt free. She may not share that goal, and that's something to discuss. If she insists that she will borrow for her own education to bridge the gap, make sure she knows that a first-year student cannot borrow more than $5500 per year in any event without a parent co-signing. [/quote]
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