Totally agree. It seems that the EFC calculation basically forces the parents to just rely on their retirement funds and cash everything out for college tuition without using any logic that people need to save for rainy days, people need to pay their property taxes, the market value of the house doesn’t mean that you can just sell the house - you still need to find a new house to live and with this kind of housing market, you’ll probably have to pay more. And even if you have a high priced house, how much of it comes from the jump in price, not the reasonable price.
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