Today I’m answering a question from a father, who is puzzled by the Expected Family Contribution figure he generated when using an EFC calculator. I think my answer to him will be helpful for just about anybody who will eventually be filing for financial aid. If you don’t understand what the term EFC is, please [...]
The unrelenting cost of college is hitting upper-middle-class families hard. According to a front-page analysis today in The Wall Street Journal, it’s these families who are experiencing the largest rise in college-loan debt. In its analysis, the newspaper categorized upper-middle-income as households with yearly incomes in the 80th to 90th percentiles that range from $94,000 [...]
If you missed it, on Monday I wrote a post for my college blog on the dramatic impact that home equity can have on a family’s financial aid package. Here is the link: Will Your Home Equity Hurt Financial Aid Chances: A Case Study If you read the post, you’ll see that even a huge [...]
College price tags are meaningless. If you’ve spent much time on my college blog you already appreciate that these numbers don’t mean anything, but most families don’t. About two thirds of students attending state and private schools receive scholarships or grants and the number rises to about 88% at private institutions, which have to offer [...]
I received an email yesterday from a disillusioned mom, who wanted to share what she has learned after receiving her oldest daughter’s financial aid packages. I can totally sympathize with this mother and I want to pass on Lisa’s observations before I comment on them. After receiving Lisa’s email, I sent her a message asking [...]
Last week my best friend was complaining to me about how expensive Mount Holyoke College is. My friend’s daughter is a sophomore at the women’s college and she makes too much money to qualify for any financial aid. My friend can afford the tuition, but for the first time she was expressing her resentment that [...]
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- Deadbeat Parents Who Won’t Help Pay for College February 27, 2012
- Getting Financial Aid As an Independent Student January 15, 2010
- Avoiding 10 Common FAFSA Mistakes December 30, 2011
- What’s Wrong With College Dream Lists April 4, 2012
- An Email from a Disillusioned Mom March 22, 2012
- Should a Kid Borrow $80,000 for a Brand Name University? April 19, 2012
- 30 Liberal Arts Colleges In or Near Cities July 18, 2010
- My Take on the College Board’s BigFuture March 20, 2012
- When admission reps don’t know what they are talking about May 22, 2013
- Kick Off the Summer By Attending Our College Webinar May 19, 2013
- Ending College Stonewalling on Grad Salaries May 16, 2013
- College Options for Musical and Artistic Students May 13, 2013
- A 53% Discount Off a College Sticker Price May 10, 2013
- 8 Things to Know About Attending State Universities Outside Your Borders May 8, 2013
- Should Students Attend a State University Beyond Their Borders? May 6, 2013
- The Odds of a Full-Ride Athletic Scholarship May 3, 2013
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