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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How much is your income? It is either that or your assets raising your EFC. If the issue is assets, transfer savings to retirement, pay off debt, or pay down the mortgage on your primary home. Kids should have almost no savings, though retirement savings, including ROTHs, are not counted against them when factoring in assets.[/quote]
HHI around $350k but have 4 rental properties I had to list as with.  [/quote]

You must be trolling us! You have 4 rental properties PLUS a high salary and you can’t afford to pay for college? You should be able to pay at least $60k per year. [/quote]

I also have two other kids currently in college and two younger kids I am paying daycare for.  [/quote]

Choices have consequences. You have 5 children. You make a top 10% income combined. Have your kid go to community college- thats always an option touted on this forum as a great financial move.

Also you sound like you are expecting a subsidy so that you can keep your rental properties which generate wealth for you. Seriously stop. Sell your properties if you insist on paying for your kids college. If you cant, then have them take out loans like everyone else. You and your family actually have choices. If the interest is too high on the public or private loans then look into other loan products leveraged against your rental properties. Furthermore, in unsubsidized loans the interest starts to accrue immediately. So you have choices outside of that. Most kids dont.

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