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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][quote=Anonymous]The idea of being "punished" for saving is somewhat overblown: every 100k of savings outside of retirement accounts adds 5k to your expected family contribution to college. HHI and number of kids in college at a time are the primary determinants of EFC.[/quote] 5k [b]per year.[/b] [/quote] Not sure of your point as that was not unclear to me since EFC is annual. [/quote]
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