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College and University Discussion
Reply to "High EFC -- not sure I did the FAFSA correctly"
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[quote=Anonymous][quote=Anonymous]Ours was laughably high, as in over half of our after-tax income. I assume it was a combination of the fact that [b]they are counting 529s for our younger children and emergency savings[/b] not in retirement accounts. [/quote] They are. Because those are assets! You do realize that there are people who don't make enough money to fund such things, right? Many Americans are paid so poorly that they're living paycheck to paycheck. It's not that they choose not to save, it's that they can't. [/quote]
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