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College and University Discussion
Reply to "High EFC -- not sure I did the FAFSA correctly"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here: AGI from 1040: $217,019 Assets: $1,275,000 EFC: 139894[/quote] It is the asset, for us AGI from 1040: $300,000 Assets: $2,000,000 EFC: $233,000 I feel it is not fair to older parents close to retirement with limited future income.[/quote] So because I had the sense to have kids on time I should cross subsidize you, a person with the money to pay but not the desire to pay? Mmmm no thanks. [/quote] I am just stating the fact that net worth has to do with age, 2 million net worth at 45 is a much better financial position than net worth of 2 million at 65[/quote]
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