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thumb Expected Family Contribution – The Key Target When Saving For College

When saving money for college education, you should be aware of your Expected Family Contribution (EFC). EFC is how much money your family is expected to contribute to your college education — the lower your EFC, the more financial aid you will receive.

A Brief Note From Plonkee
One of the great things about not having children [...]

My Kid’s College Costs will be $467,000! Are You Kidding Me?

In preparation for my first child, I started to think about saving for college. I found this neat calculator from SallieMae and tried it just to get an idea of how much will college costs 17 years from now (2024). Based on the site, the current average annual tuitions are:

$2,191 for two-year public colleges
$5,491 for [...]

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