We live in Indiana but the closest university is about 50-60 minutes away.
My ideal number to contribute would be as close to zero as possible! I think a lot of people on college confidential have no concept of what it’s like to basically live paycheck to paycheck. That $75,000 is what I am estimating what we might make this year. Last year, it was $67,000. Those incomes were only as high as they are because of overtime. How can we be expected to count on that? The places where we work could turn around and forbid overtime tomorrow (they have done that before).
The oldest did not qualify for a Pell Grant with the $67,000 income. What are the odds that the three kids all being in college at once with the income being $75,000 would get even the smallest Pell Grant for them?