Colleges to Consider?... Mostly LACs

Midwestmomofboys
Tue, 23 May 2017 03:08:34 +0000

When parents with a long history here on CC hear “cost is not a consideration,” they get very nervous. Please ask your parents to run the Net Price Calculator for a range of schools to see what the financial picture is likely to be. Too often, students and their family build a college list without a firm grasp on the specific financials for them. Many of us assumed that our EFC – Expected Family Contribution – would be closer to what we had mentally budgeted all along. And many of us were surprised, if not stunned, to discover that our EFC was much higher than we could afford (the infamous middle class doughnut hole). So as a parent who has done this twice – please make sure that your parents know what your EFC is going to be and have the means to meet it, without borrowing themselves. If that is not the case, then the list has to reflect financially feasible schools.