Tag Archives | Expected family contribution

What is Your Expected Family Contribution?

Do you know what your Expected Family Contribution is? If you don’t, you should make it a priority to obtain this number. I’d argue that families need to know what their preliminary EFC is before they begin looking at colleges. Unfortunately, most families don’t have a clue about what their EFC is until their children […]

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Getting Stiffed by Colleges

When students are shopping for colleges, admission representatives typically urge them to ignore the sticker price. Here’s what these college reps routinely say:  We’ve got lots of financial aid and scholarships. Just APPLY! I was reminded of why applying blind is such a reckless strategy when a mom contacted me after her husband heard me […]

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College Choices for Affluent Families

A mom emailed me earlier this week and I’ve somehow managed to stretch out the topic of her concern to three posts. If you’re curious, here are the previous ones: Who Is Stressed Out About College? Do You Really Expect Me To Pay That Much for College? Today I’m going to address her chief question: […]

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When Two Children Head to College

Yesterday’s post, which explored the school options of a brilliant teenager from Wisconsin, generated many insightful comments from parents.  Here is the post: Should a Kid Borrow $80,000 for a Brand-Name University? If you missed the post or the comments, I’d urge you to check both out. To summarize, the teenager managed to get admitted […]

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