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College and University Discussion
Reply to "What regrets to you have to the 2023 college cycle?"
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[quote=Anonymous][quote=Anonymous]I should never have given in and let my child apply to a school that was beyond our financial means. Four of the school they applied to were within reach and one is close to $20K more a year. I honestly didn't think they'd get into the expensive one based on Naviance, and so I gave in. Well, they got in to all five and of course it's the crazy expensive one that my child has become totally fixated on.[b] They are willing to borrow a fortune to go and nothing I say about not starting life in so much debt is sinking in.[/b] But I think that if I had put my foot down during the application process they would have looked elsewhere.[/quote] How will your kid be borrowing a fortune? Kids are only able to borrow around 5k a year. After that, it’s the parents borrowing. [/quote]
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