Reply to So how does a two-Fed family that gets fired send a kid to college?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]if you have college savings, you use them all even if you planned to spread it out. You take early distribution from retirement, use other savings, take out a home equity loan, see if relatives will chip in. Or you and your kid take out loans. Your kid gets a summer job. Or asks to defer a semester or year and works to save up. [/quote]

+1. we did a HELOC when times were rough with two kids in college and only one income. Of course ask to file for changed circunstances with the college if that actually hapoens. But the college most likely will ask you to refile the FAFSA CSS.  If you have already filedhave your kids take out the unsubsidized government student loans. If none of that works, aporoach the college about what your child needs to take and what GPA at community college with an eye towards transfer.[/quote]

Many of us live on one salary and manage to save.  The difference is we aren't living in million dollar homes, taking lots of vacations, eating out and other lifestyle choices.  I think school should look at income from the last 10 years and lifestyle choices.[/quote]

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