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[quote=Anonymous]Yes, I was shocked several years ago when I joined the parents' FB page. Families committing to schools before receiving financial aid packages. Families somehow shocked when receiving minimal or zero FA. Families struggling to qualify for loans. Families taking out loans with terrible terms using magical thinking on how to pay them back ("child will be high earner after med school and can take over payments"). Families using magical thinking for child's contribution - one egregious example was a family with a student who was struggling to find a roommate on IG, liked quiet evenings, and had stereotypically "nerdy" hobbies. Plan was for said child to get a job as a bartender in late fall when they finally turned 18 and make lots of money in tips. Nothing wrong with the kid, but not a great candidate for getting a mid-year job at a bar!!

But in general just lots of posts that were "Help! We didn't get any FA, how do we get loans for $40K??" - which hello, was the full in-state COA! [/quote]

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