Financial need vs want

SlitheyTove
Thu, 25 Apr 2013 01:27:40 +0000

bgallo, your EFC may be high, but what did the net price calculators for the tippy-top schools say would be your COA? Schools like Harvard, Yale, Princeton and Stanford have exceptionally generous need-based aid, reaching up to family incomes of $180k a year. With a family income of $110k and assuming no complicating factors like owning a small business, COA for H etc etc would be around $10-15k a year. And given your high stats, you’d certainly have been a good candidate for big merit scholarships at other private colleges.



Since when did parents of middle class students have to contribute to their children’s college? It wasn’t like this 30 years ago.



Having gone to college 30 years ago and coming from a middle class family, I can assure you that oh yes it was like this 30 years ago. Not as insanely expensive but yes, parents were expected to contribute.