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College and University Discussion
Reply to "I feel like I failed my kids"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We don't have any money saved up for their college. We're an upper middle-class family with a 270k HHI, so they can't get much need-based financial aid. The money that was gonna go to their college fund was spent on private school that did get them ahead academically in the early years but has become useless now (they currently go to public). I just feel like I failed them, because none of their top choices are in-state (we're in VA) and they have, especially my oldest, spectacular grades, 99th percentile test scores and plenty of awards for both academic and art ECs. Many people think my oldest is going to be getting into the Ivies or at least a top 25. But we can't afford that. She's already been applying to various scholarships but have had no luck so far. Both DH and I paid our own way for college, but we were both in-state UMD. Our money now mostly goes towards their ECs. I feel like I'm going to hinder their success because I didn't save like I should have. [/quote] [b]Get them in first then they will most likely get some type of financial aid combined with loans etc... [/b]Why didn't you save anything? That being said my parents saved zero for college and I went to a private college as did my siblings.[b] It can work out! Get them in first then see what happens. There is always a way for it to work. [/b]I never worried about not being able to pay for the tuition. I knew it would work out and I received merit based aid plus financial aid. Anything left was pell grants and loans. Good luck. [/quote] That was true a few generations ago, but is no longer so.[/quote]
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