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College and University Discussion
Reply to "What do you mean when you say you "can't afford" a college?"
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[quote=Anonymous]I work in an unstable profession, and DH is unemployed. However, we have savings and we've paid off our house. We saved for college, as much as we could, but our savings will not cover the $60K+ cost of private colleges. We could 1) mortgage our house or 2) spend a huge chunk of our savings to send our DC to a private college. However, that wouldn't be prudent, and could be catastrophic if I were to lose my job and we had only our savings to live on. So, no, we can't afford the college DC wants to go to. We can't and won't pay the price tag, even though the college thinks we can "afford" and gave us no financial aid. We can't afford it. Period. [/quote]
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