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Reply to "DS upset about loans"
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[quote=Anonymous][quote=Anonymous]OP, my sympathies to you and your DS. My DS is also a freshman in a midwest college that also has a $92K+ COA. Like your DS, he came home for thanksgiving and we had similar discussions. [b]I don't see it at all as your DS being bratty or ungrateful. He is simply sharing his bewilderment (and yes, some resentment, but that is not directed at you) on the realities of financial inequalities and how that is addressed in College America, i.e. the doughnut hole families ended up worse financially.[/b] I totally get how he feels since we are in the same position and felt similar financial squeeze. This is not about regretting the college choice he made. You made it clear DC is in the school that he judged to be the best fit earlier this year, including the financial aspects of it. That hasn't changed and really should continue to be the primary motivation for your DC to stay at this school. The financial aspect of 'being short' $20K/year also hasn't changed from when he made the decision to attend this college. The only thing that changed is additional perspective post matriculation that exposes the financial aid inequalities in College America. It is natural and understandable for DC (and his parents) to feel a bit burned knowing that other families in different financial situation didn't get squeezed as much as they did. However, this too shall pass, and one day your DC will be a proud graduate of the college of his choice, embarking on a career of his dreams. All the best to your family.[/quote] This. The donut hole is very real. Plus college costs have soared in recent years, creating a tough decision for families forced to decide between expensive college/significantly lower standard of living/sacrificing retirement vs. lower priced school that's likely not kid's top choice.[/quote]
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