I can't speak as to it being more difficult now vs the 70s (with regards to federal support - have no idea how it was then but certainly take your word for it) other than the fact that the cost has skyrocketed. My son just finished his 3rd year of college, and the next semester is going to be the first one he will have to get a partial loan for. Was it easy to this point? Not really, but he was able to get this far nearly entirely on his own (we let him know years ago that he had a small college fund to assist him, but that it wasn't enough for more than a full year of college depending on where he went). Because of his major, he wasn't able to go to a school in our state, so that automatically meant costs were going to be higher. Most students and parents don't find out what the actual costs are going to be until they start applying, seeing what scholarships and grants they qualify for, etc. The top notch students have quite a bit available to them. The very good students less, and so on. Until you get to that point, you don't realize how little or much you qualify for (due to your family income, and even the STUDENT'S savings and income count towards this figure). The thing I found to be totally absurd is that if your child wanted to work to save money for college, work while in school, and pay for as much as they could themselves, this actually "hurt" them as far as income and qualifications. Income qualifications are based entirely on family income regardless of your individual situation and intent. If you truly are middle to upper-middle class, there is little to no federal assistance (as we found out) - spot on, Sarah. If you aren't as well off, are a minority, or fall into some other category, there is much, much more available. I'm not saying this is right or wrong - just stating facts. The bottom line is that if you are middle class and not a minority, you need to be an excellent student in order to have the most grants and scholarships available to you. There are definitely ways to get other types of smaller scholarships and grants, but it takes lots of looking and applying. I would encourage anyone in this situation to apply for anything and everything under the sun - it all adds up no matter how small it is. The good news for my son is that he's not going to have mountains of debt when he graduates, and this was his/our goal.
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On May 16, 2015, at 6:11 PM, sarah_oz@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:
It is far more difficult today than in was in the 1970s for middle class Americans to go to college. There is no federal support. Going to college today results in virtual servitude for decades.
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Posted by: Mike <tuckerm83@yahoo.com>
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