Reply to The Most Confusing, Chaotic College Admissions Season in Years

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[quote=Anonymous][quote=Anonymous][quote=Anonymous] :shock: The department of education was too busy trying to figure out how to forgive student loans so FAFSA suffered..the same company responsible for healthcare.gov in the Obama years is responsible for new and improved FAFSA.  :lol:  :lol:  :lol:  :lol:  :lol:

Gotta love the democrats.[/quote]

Funny how I’m still paying my student loans while waiting for my child’s fafsa to process. So wish you were right. [/quote]

WTH do you still have student loans if you have a kid 18+

You took the loans for college, you should have figured out how to pay them back in a timely manner (ie 10 years) In reality, you should prioritize paying off bulk of your loans before you start having kids/increasing your expenses.

Fact is most states have several good in-state schools that most kids can get into. Pick one of those for your kids and don't send them into massive debt. 
 My state has 2 good ones that cost only ~$25K all in. Acceptance rates are high (75%+, automatic admission if you have a 3.5+ UW HS gpa at one and that school literally has every major imaginable).  A kid can work summers/breaks and earn $10K, add in a PT job (10 hours/week) while on campus and they can earn $13k+ towards college.  That leaves $12K.  Take $5.5 in fed loans and there is only $6.5K to finish paying for college.  Then you come out with only $27K in loans and that should be easily paid off in 5-10 years if you make it a priority.

There is no need to take more than that in loans.  If you cannot afford it, don't attend a school that costs $50K+

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