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No College Fund-What Do I Do?
I’ve been asking my parents about how I’m going to pay for college, and they recently told me they don’t have a college fund or any savings for me to go to college. We certainly aren’t rich, but we aren’t poor either, and my parents certainly could’ve put some money aside every month or year, so that new piece of knowledge threw me off guard. But also, I know very little of financial stuff so what do I know, maybe my parents really didn’t have anything to put aside. Anyways, I’ve been running estimated cost calculators, and they’re all coming out quite high, as our family income is over 200K. When asking my dad about this, he stated that he didnt realize his income would increase as drastically as it did these past couple of years as results of hefty bonuses in his paycheck, and he thought our family income would still be below 130K when I go off to college. That’s obviously not happening. I’ve been trying to find ways to help contribute to my future tuition, namely by finding a job so that there’s something saved up for college, but my parents refuse to let me get one because they want me to focus on my grades. What can I do? If any of you have advice on a path of action that I can take, Id really appreciate it.44 replies
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