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[quote=Anonymous]I”m seeing a lot of threads and responses within threads. Lots of people seeking information about private schools with tons of merit aid, “full ride” schools, people frustrated about the unfair advantage of ED because you want know the full amount of merit aid that might be available (and kudos to the patient people on that thread that keep trying to explain how the Net Price Calculator works).

The conclusion I’m getting from this is... there’s a whole bunch of UMC people here who didn’t save for kids’ college.
What the @#$%!

To be 100% clear, I’m not talking about lower income families, though these posters starting the posts above almost seem to resent all the aid, Pell grants, etc. these folks will be getting.

When my kids were 5 (as soon as we didn’t have to pay for preschool anymore, just public school before and aftercare) we started investing in 529s. We’ve been putting away money every month since then. 
Back then, after doing my research, my assumptions were
1. We will not qualify for financial aid (unless we are going to some really expensive private, but then we are still paying $$$)
2. While my kids are smart, I should not count on merit aid of any kind

As we get close to college age, we will have enough for them to attend an in-state school, and we are on track to take out very little—if any—in loans. Kids know they are welcome to apply to private schools, and if after all is said and done, it’s a comparable price tag, we can do that, but neither we nor our kids are going to rack up big undergraduate debt.

Yes, college costs are out of control, and there’s lots of frustrating aspects to the system, but this stuff didn’t crop up yesterday. Why didn’t you plan? Why didn’t you save?[/quote]

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