Need some parental advice!

cptofthehouse
Thu, 24 Feb 2011 09:34:44 +0000

I agree with most of the other posters. I have visited UMich and I agree it is a wonderful school. But it costs 3x what our state schools cost, and we have financial concerns. You college kids are now approaching if not have attained adulthood by now, and you should also be aware and conscious of things like family finances. Just because FAFSA numbers say that your family can pay for a school does not mean that they can without seriously hurting their quality of life. I’ve known families who have truly ruined their finances paying for colleges they could not afford.

College is only one thing your parents have to support. There are a lot of other responsibilities. If YOU can come up with the money to pay for UMich, that’s one thing, but if it someone else, like your parents, who need to pay, their feelings about it are paramount. I also would not recommend any student to take out the necessary loans, even if they could get them, to pay for UMICH over Mizzou. Not worth it. You are very lucky to have solvent parents who can pay for your college. It puts you in a very privileged category. And would they pay for you to board at college? That’s even more privileged. Most kids commute to a local school and work part time to pay for it.