Cost Dilemma

vonlost
Fri, 02 Mar 2012 19:24:45 +0000

You (the student) can generally rack up only federal debt at Reed and elsewhere, about $25K total for the four years, but this will be the minimum at most schools, and is widely considered to be reasonable. Your parents might (if they want to and can qualify) take on more debt to cover their EFC.

Reed suggests using [College Calculators - savings calculators - college costs, loans](Calculate Your Cost – BigFuture | College Board) to get a cost estimate.