<p>The reported debt doesn’t include parent loans. In many cases it doesn’t include private loans. So, yes, the figures do not reflect the experience of many individuals. </p>
<p>Many of us cannot meet our family EFC, which explains why Happykid and her pals are studying at the community college. Now that you know your EFC, you need to figure out how much you actually are able to pay for your daughter’s education. Then you need to help her come up with a list of colleges/universities that are affordable for your family.</p>