Who Comes up with these formulas?

<p>So the powers that be think my expected family contribution is $40,000. I can live with that considering we make a decent living. That would be good for 1 child but with two in college I am expected to pay 65% (IM method) of that for each D. Which actually makes my EFC around $52,000. Sounds like a rip off to me. Sorry just had to vent!!!</p>