<p>EFC is retarded. They expect you to sell your only house to fund college. *** is that? Who in the world is gonna sell their precious house, the only one they own and a symbol of middle class existence, for college? That's just asking for too much.</p>
<p>seniors:</p>
<p>If your EFC is higher than your paren't income, it's because they (or more likely you) have very significant liquid assets.</p>
<p>If you don't want to mortgage your house, there's always state school.</p>
<p>My mom has pretty much shown me what I have to work with. It's about enough for four years at University of Michigan, a great deal at the in-state rate. If I choose to go anywhere beyond that, the rest of that burden will be on my shoulders.</p>