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Reply to "Is there a calculator or benchmark for how much college we can afford?"
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[quote=Anonymous]My first is a senior and going through the college search and application process. We have saved about $70,000 in a 529 for her and make about $175,000. We have filled out the FAFSA (EFC of $46,000) and gone through the net price calculators that show us how much we can expect to pay, but I don't have an idea of how much we can [i]afford.[/i] When we bought houses and got a mortgages there will all sorts of calculators and rules-of-thumb that gave us an idea of how much house we could afford. I can't find anything similar for college. Any guidance that worked for you all?[/quote]
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