Parents with bad credit?

teachandmom
Thu, 23 Aug 2012 21:06:25 +0000

"I find it hard to believe they still expect the family to pay such a large amount when they simply cannot afford it. "

They don’t. If your family can only afford burgers, you don’t order filet minon. If your family can only afford a Chevy, you don’t go buying a Lexus, right? Same deal with college. Many colleges will come up with a family contribution wayyyy above the calculated EFC from FAFSA. If you can’t afford it, move on. There will be schools that are affordable, the trick is to find them. Don’t get “hooked” on a favorite school…go to the best school your family can afford. If you apply and none of the schools are affordable, you can go to community college, or, take a gap year, work, and try applying to some different schools to see if you can get better aid in the form of scholarships and grants.