Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Is there a calculator or benchmark for how much college we can afford?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]Our EFC came out at some ridiculous amount. It's basically most of my take home pay -- dual earners. We may earn $350K on paper, but we are self employed and pay the employer portion of the taxes which is about 12% of gross business income. We have to fund our own retirement and health insurance, and then of course, regular income tax; and we have multiple kids. We would basically have to give up paying some into our retirement. [/quote] Which is why people save for college and don't expect to pay it out of current cash flow. [/quote] we do have 529, but it's like $120K which is fine for in state, but when we filled out FAFSA, it gave us the EFC, and it was ridiculously high.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
