can anyone tell me roughly how much i'll get need based?

[JCampbell]

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For the people who don’t see how someone whose parents make 150k a year can’t afford school, read this.</p>

<p>My parents make about 140k a year before taxes, depending on their bonuses. After taxes we maybe get 90k. Then come house payments. And car payments. Our house payment is about 2k a month, so that’s 24k right there. That leaves 66k a year for us, and that has to include gas, car payments (which are another 1k a month), food, heat, electricity, water… It goes fast. I’m lucky my parents have saved up about 80k since my sister and I were born. But that has to last for both of us throughout college. If my parents scrimp a bit they can afford another 5k out of pocket a year, so unless I get mad scholarships they can only pay 15k a year and that will go down when my sister goes to college in three years. </p>

<p>My dad is going to have to stop blowing money on goose decoys.

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<p>a 2k/mo mortgage? that’s a $720,000 house! </p>

<p>80k for college isn’t bad at all, especially for 2 people. That’ll cover 4-year tuition at least in state schools, but I’m assuming you’re one of those that MUST go to an elite, right?</p>

<p>I’m sorry, but the sense of entitlement on this place sometimes blows me away. Some here have nothing saved for college, some live in the tight zone where their parents gross only about $50,000/year.</p>

<p>You live in a home that (without the interest) costs what, about half a million if not more? Then again, I’m basing this on a 30-year mortgage so correct me if I’m wrong…but you have a lot to play with there so I have no idea why you’re complaining.</p>

<p>in your case, your parents likely have a ton of equity built up…hopefully. They also have the ability to take out loans due to income and probable collateral.</p>