Reply to How did you decide between your DC's top choices?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You meaning you plural you and your DC. Or just your DC if there was no budget, no geographic limits, etc.[/quote]
+1
Unfortunately, my DC had to go with our "top choice" as it was an in-state school. Even though her dream school was out of state, we couldn't help her financially achieve it and she had no aid or merit. It was super tough on all of us, but she was 17 when was was making this decision. We decided not to let a 17 year old saddle herself with that much debt. Even though she finds our in-state school "less exciting," she can graduate debt free.[/quote]

We are paying so we get final say. Kids can’t borrow full COA anymore so no way for our kid to attend top choice at $95k/yr without our approval (aka check book!). Kid is at lowest cost option.

Student loan limits are:
1st-year undergrad	5,500
2nd-year undergrad	6,500
3rd- & 4th-year undergrad	7,500
Limit for all 4 years 31,000

Many parents do not realize things have changed and their kid cannot borrow for school like they did.

Now, the parents can borrow full COA, but rates and origination fees are insane. And they are the parents’ loans, not the kids. 
[/quote]

Yup[/quote]

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