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Money and Finances
Reply to "no extra money for 529. is my kid doomed?"
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[quote=Anonymous][quote=Anonymous]College is free poor people. No worries [/quote] No, it is not. Very Highly selective colleges for stellar students, yes, if they can get in. Most other schools and most other students, no. I work with low income students and most only get Pell grant and a small VA state grant. Maximum Pell Grant is just over $7k per year and you have to have a very low EFC to get the max. The most common path for low income students is CC or local public U while commuting (and taking loans). Or take more loans to be able to live in campus and go "away" but very typical to stay close to home. Travel costs can be really hard to deal with on top of everything else. [/quote]
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