Anonymous wrote:None of what PPs said is remotely true. We make about what you do and have two kids; at an 80k a year SLAC the net price calculators have us getting around 30k in aid.

Savings matters. We make less and got very little aid.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We’ve put some aside, but not nearly enough.

Tuition alone at Mason is now over $50k

I guess they assume we will use all our home equity to pay for college, huh? That is only recognized after we sell

I would never draw home equity, nor would I take out parent or private loans. Would consider student (stafford) loans.

I have checked EFC calculators at ivies recently and they inquire not only about equity in home but value of home and amount in retirement accounts. Does their EFC include you dipping into your home equity or retirement to pay for college??

Some of the calculators say you can leave retirement assets blank - that they only ask to help you differentiate from non-retirement assets. It’s a bit unfair as not everyone has the same opportunities or knowledge to shelter their retirement assets.