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College and University Discussion
Reply to "Did you folks not do ANY saving?"
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[quote=Anonymous][quote=Anonymous] How much do you have saved, and how much less would you be paying if you did not have that savings?[/quote] When I see these discussions I would [u]really[/u] like to see this question answered. I suspect the real data would reveal much more and that the people complaining are doing so out of frustration of the cost (and [i]maybe [/i]some jealously/class warfare also) rather than the actual facts. Posts with facts are useful, like the one from the informed poster here: [quote]06/28/2019 11:44 The idea of being "punished" for saving is somewhat overblown: [b]every 100k of savings outside of retirement accounts adds 5k to your expected family contribution[/b] to college. HHI and number of kids in college at a time are the primary determinants of EFC.[/quote][/quote]
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