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Money and Finances
Reply to "College fund - yes or no?"
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[quote=Anonymous]No you are not making a mistake. Your friends may or may not be. They may have grandparents who will pay or they'll just plan to pull out a home equity loan. Or they are dumb and don't understand how college financial aid works -- that it's driven largely by income not savings. I've heard some people say they aren't putting aside savings for college because they think they'll get more aid that way. That's not how it works.[/quote]
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