Reply to Our EFC is 500,000????

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Reply to "Our EFC is 500,000???? "

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[quote=Anonymous]NP. It's not annoying. People should not have to deplete their hard earned money that they've saved a lifetime for, to send their kids to college. No one should. And don't say there "are plenty of schools." When a kid works hard and does everything asked of them, stays out of trouble, etc. it's not unreasonable to want to send them to the best schools they can get into. And even a lot of state schools cost in excess of $30k/ year. The cost of college is ridiculous and unsustainable.[/quote]

College tuition, IMO, is like every other purchase. You decide if the cost is worth it to you. Would I spend $1000 on a Canada Goose jacket? No. LL Bean or similar (on sale) fits the budget. Bought a fixer upper in a nice, but not exclusive area in the DMV, because we actually couldn’t afford pricier homes. Drive nice, but not fancy, cars until they die. Kids make a big commitment to helping pay for college and we deplete the significant amount we saved for each kid. I am not sure why people think of college as anything different than any other purchase. If you want the high ticket item, you choose to pay for it. Fancy cars/purses/houses/college are all the same- a choice. [/quote]

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