Talk to your kids!

kelsmom
Wed, 02 Jan 2008 21:14:51 +0000

youdon’tsay, I did a really quick check on a calculator to see how much you are penalized for having only one working parent. It looks like you are penalized in a way for not working. From what I can see, you are expected to pay about $1500 or so more at the same income level if only one parent works. This was true when I used $91k & when I used $61k. I also found that, using the same total income, if one parent makes at least $10k of that total, the EFC remains constant (that is, if it’s 81k/10k or 71k/20k, the EFC is the same). That surprised me. Of course, individual situations will cause the numbers to vary.