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College and University Discussion
Reply to "No financial aid for middle class at public college???"
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[quote=Anonymous]I noticed that you did not include community college as an option and I would encourage you to consider this seriously. Assuming you are in the DMV you have some strong options with Montgomery College or with NVCC. There are lots of smart, hard working students at MC and NVCC who earn their associates degree in two years and then transfer to their state universities (including UMD-CP and UVA) or other local universities (such as Georgetown) that have articulation agreements with local CCs. If you are in MCPS your child could even take classes at MC while in high school and earn an associates degree at the same time as they graduate from high school. The Associates degree costs $5800 and you would then only need to spend an additional $50K per child to get them a degree at UMD. They only accept 50 students and they only offer a couple of degree options so this might not be the ideal solution but it is worth considering. http://mcblogs.montgomerycollege.edu/atmc/students-can-now-get-their-high-school-and-college-diplomas-at-once/ My main advice for you is not to let your children take on debt for their undergraduate degree. You know from personal experience that it takes a really long time to dig out from student loan debt even with a very high household income of $200k. [/quote]
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