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College and University Discussion
Reply to "When you can’t do it all, how to save for college?"
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[quote=Anonymous][quote=Anonymous]As a spinoff of this thread, how much are people actually paying for college? We make about $170K and hadn't saved very much for college - in large part because both kids (ages 20 and 15) went to private school (the older went just for high school, the younger went for middle and is now in high school). Our kid goes to a "meets full demonstrated need" school and our bill for next year - including tuition and room/board is about $25K. Books, spending money, etc., are on top of that, which he pays from earnings from jobs during summer and at school. We're paying that $25K pretty much out of current earnings. It's tight sometimes (especially paying about $15K for private school) but we make it work. Are there schools out there that are leaving families with big gaps between the Expected Family Contribution and the amount of financial aid they offer?[/quote]. If part of your son’s demonstrated need met with loans? MOst school that advertise that they meet demonstrated need, use loans to close the gap. [/quote]
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