EFC over $70,000 and I might be screwed

@collegemom3717 this student is in his last year. Transferring to another school probably isn’t going to work. Most colleges want all upper level courses in the major completed at their college when awarding a degree.

Also, he says his EFC is $70,000, not that the cost to attend his college is $70,000.

How old are you?

To @iamyiyaj

  1. How many years have you been on college?
  2. How much money do you need to finish your degree at the college you are currently attending?
  3. What is your GPA?
  4. Have you taken any of the Direct Loans? If so, how much.

I have to say, the Thumper family deal was we would pay for four years of undergraduate school, and that was it. Like your family, we were full pay. We expected our kids to get grades that would allow them to graduate in four years. We didn’t pay for anything like summer classes (and one of our kids took summer classes on their own dime to complete a second major).

If your parents have been spending a lot of money per year for you to attend college, they have been very very generous, and you are fortunate.

I agree…talk to your college. See if co-op positions are even being offered now. Some colleges are…and some are not. Maybe take a one year leave of absence and get ANY job and save (this assumes you can live at no cost at your parent home).