Reply to Our EFC is 500,000????

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Our EFC is 230k.  We don’t even make that much 300k with both parents working + 2 million assets[/quote]

You make $300K and $2 Million in assets, you have plenty of money to pay for college.[/quote]

2 million asset is 1 million after expenses and taxes, not even enough to pay for 3 kids @350k each after depleting my lifetime savings

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Then they go to public or you figure it out.  You choose to have three kids and insist they go to a private.  You can sell your million dollar house to pay for it.  [/quote]

We don’t have a million dollar house and drive 18 yr old car despite the 230k EFC[/quote]

And people who live above their means and spend all their money on fancy cars and vacations can show financial need. I get how unfair it is.[/quote]
+1 this is what really bothers me.  People who were frugal and saved don't get any aid, but people who bought expensive cars and what not such that they saved little do get aid.
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