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College and University Discussion
Reply to "Ever disappointed when you look at lists of where kids are going to college?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Got goosebumps reading this - this is us and we will be lucky to manage $25-$30K per year so it looks like UMD for ds. Nothing wrong with that but I don't quite know how to tell him, not to bother applying to the more prestigious schools his friends will be applying to because they don't offer merit aid.[/quote] This is us as well. I think there are many families like us.[/quote] Just curious, what is your HHI?[/quote] Our gross HHI is $210k, both parents working FT. We live comfortably in the DC area. But we can't afford $180k for college for each of our children. (Ours won't be in school at the same time, so assuming our EFC stays the same, colleges will assume we can pay (at least) $45k per year per kid. In reality, our EFC will probably be higher for our second child, since we won't have another child at home then.)[/quote]
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