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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The EFC is one quarter of our adjusted gross income. Is this "normal"? One quarter?![/quote]

Ours is like more than half. I think $180K EFC or something crazy.  We only make $280K per year but we have $4M in assets.[/quote]

Most is in our house or 401Ks.  Mortgage our house or sell our 401Ks no thanks. 
I think this is why a lot of UMC families are going to their state school- you get raked over the coals otherwise.[/quote]

Yeah, that's BS. I'm not selling my house or mortgaging it further -or sell my retirement off- to finance college. And it is unreasonable to have that as any sort of expectation. Those should not be considered. And, no, we are not some millionaires with multiple homes, fancy cars, etc. But, reading this, we will be SO because we don't have those things, too. We saved aggressively. And now we'll be penalized for that AND not have the other things we could have had had we not saved. [/quote]

This is a fallacy that you are penalized for saving. Most financial aid is in the form of subsidized loans. So if you hadn’t saved, you would have gotten the “aid” of loans. Only very low income families get outright grants. Why do you think so many young people have student loans debt?[/quote]

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