Tuesday, October 19, 2010

Paying for College

Do you think its fair for our parents to be obligated to put their information on the FAFSA? Like it's their responsibility to pay for our education?

Well, that's a question that I often hear a lot at work. Some parents actually want to help and then you have those that are like "You're on your own!" According to one article, parent's dont realize how much times have changed. Parents might have been able to work their own way through college, but tuition has risen much faster than wages and financial aid in the past 20 years. I can attest to that because my father was one of those parents. He did not want to help with my schooling because he did it on his own.

Second, parents may not realize that, no matter how serious they are about cutting a student off financially, colleges and scholarship providers still expect parents to help pay tuition until a student qualifies as independent.

Generally, the government and colleges expect parents to contribute to a student's education until the student turns 24, becomes a veteran, gets married or becomes a parent.

How fair is that??

Until Next Time...
Lauren!

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