<p>Will someone PLEASE tell me just how it is possible for a family who earns approx. $100,000 (both self-employed parents, completely responsible for their own pensions, health ins. etc.) who have approx. $300,000 in assets be expected to pay almost $35,000 per year for college? This is the EFC that was given to me after I applied to the FAFSA. I just don’t understand it- Do they expect we should spend part of that savings? How will we afford old age? Our IRA’s are separate and now total approx. $100,000. Did I do something wrong on the calculations???</p>