CTbballDad posted:I'm paying so much more for college than I ever imagined, and I've been planning for years, felt I was as well informed as anyone , and by no means a wealthy man. For years I said "no way, will they expect me to pay that." Boy was I wrong.
My kids don't go to Ivy but I'm sure that Princeton chart is crap. It doesn't take into account your assets or home equity, for example.
No, I'm not bitter
CTbballdad is in the same boat as me. My wife is ticked, because her feelings are had we pissed away our money instead of saving it we would not be paying as much for college. Damned if you do, damned if you don’t.
You are dead on the money (pun intended) regarding how financial aide will look at your assets. My family falls in what I would consider “too comfortable to be poor, too poor to be rich “ category. My plan to retire and watch my son’s college ball games just got a reality check when we got back the financial aid pkg for him. I called as spoke to the head honcho and she informed me our assets played a significant factor, as well as having a sibling enrolled in an undergrad program. We get to pay for 3 years at full sticker price when she graduates her undergrad, even though she is going to medical school after. Yeah, gonna start a go fund me page I think.
In retrospect, I am honored to foot the bill for these two kids of mine, they are achieving their goals, and equally important, their dreams. Proud as hell of both of them.