NPR: College Costs Are Daunting, Even For The 'Comfortable'

[ucbalumnus]

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@celesteoroberts

Googling around, I see that EFC does not rise linearly with income. At AGI $80K/1 child, it’s 12% of income, and by the ‘top out’ income of $230K, it’s close to 27%. Of course, stupid of me not to assume it’s progressive.

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<p>The FAFSA EFC calculation is given here: <a href=“http://ifap.ed.gov/efcformulaguide/attachments/091913EFCFormulaGuide1415.pdf”>http://ifap.ed.gov/efcformulaguide/attachments/091913EFCFormulaGuide1415.pdf&lt;/a&gt;&lt;/p&gt;