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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My mom was like this. It was really annoying. They then refused to pay for college but [b]I had to pick up their tab[/b] due to the expected family contribution and due to my dad's income, I could not get grants. My dad was not loaded but had enough that I was not grant eligible. I took out private loans at 9% and had 70k in debt from undergrad in 1999.

It really derailed my adult life. I did okay but I could have done better if I did not have that debt because I felt I could not consider professional school. It took all the joy out of my 20s...I worked 3 jobs until 33 to pay it off.

I felt my mom was lazy and had no excuse.

I will never every do that to my kids.

I work full time and have since they were born.[/quote]

Wait.. YOU picked up THEIR tab? Entitled much?[/quote]

Yes. I picked up their tab. It is called an expected family contribution. Everyone has this. If your parents make no money, their expectation is $0. My parents had a little so there was no grants for me. I could get some stafford loans but that did not cover the cost of education at even a public school. I went to a private school that was cheaper than public due to a scholarship. I still had the deficit is what the federal govt. says my parents should pay. I could not say they would not pay and redo my financial aid package. I tried. Every student has an EFC. Most kids do not have to go to the bank to take out private loans because their parents refuse to pay. I was not eligible for more aid. It was their tab, according to the government. If my parents were low-income, I could have gotten pell grants and other grants to cover the cost. You do not understand financial aid. The kicker was that I got into a different college that gave me more scholarship money and they refused to let me go there, and then they stopped paying. Transferring would not work because I did not take that scholarship because it had expired because I did not enroll as a freshman. Having to get a 9% loan to cover the cost of what the federal government said they would contribute and would not give me more aid was their tab. Ballooning to 70k in 1999 was unheard of. That is what happens with private loans. Get off my case. They insisted on college and screwed me. [/quote]

I’m so sorry OP! You still sound angry. I wish you luck.[/quote]

Of course I am angry. It changed the trajectory of my life and limited me from pursuing professional school (law or medicine). I had too much debt. I could not consider more. I had a $800 student loan payment at 21 with a BA. I barely speak to my parents now. I will never, ever do that to my kids (and the reason they cut me off...they are racist and found out about my boyfriend). This is not a forgivable thing. My kids are are on track to have college paid for.[/quote]

Oh and I am not OP...I am a PP.[/quote]

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