Do schools consider a family's student debt when calculating financial aid?

Why are you applying ED if you have significant financial concerns? My free advice…unless you are very low income and hope to get accepted to a college that guarantees to meet full need for all…don’t apply ED. You would be better off having multiple financial aid offers and net costs from a variety of colleges to compare.

ED…so you get ONE financial aid offer…and you accept it. What you will never know is if some other terrific college would have a lower out of pocket cost for your family…because you will be withdrawing all other applications and acceptances.

So…maybe that ED offer is the best net cost…but then…maybe it’s not.

Think about it.