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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Maybe I missed someone else posting this, but it is about to get WORSE for donut hole families who have two kids close in age! Quietly how financial aid is calculated for people who have two kids in college has changed. Instead of factoring in having to pay tuition for multiple kids now financial aid is no calculating this.

By this it used to be that let's say you earn 150000 and the EFC says you can contribute 60,000. It used to be that if you had two kids then you paid 30K per kid. Or if you had three kids in college you were expected to contribute 20K per year. Now you are expected to contribute 60K no matter how many other college tuitions you are paying. So if you have two kids you would pay 120,000 which is ridiculous for a family making 150,000.[/quote]

You should consider that when you decide the number of kids you have.  Life is about choices.  Saving is a choice, the house and expenses you have are choices, and the number of kids you have are choices.[/quote]

Choose to have more kids than you can afford, and you might not send them to an $80K/year school.  If that's your goal you must plan accordingly and save accordingly. But it's not like you can't send them to college you just need to plan[/quote]

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