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I think this is a good point, and is the source of a lot of the trouble when parents don’t educate themselves about the economics of college these days. They find out that if they are really going to stick with their position of not paying the EFC, their kid is going to have to go to a college that is quite far down the pecking order than what his qualifications would allow–possibly community college. This isn’t a tragedy, necessarily, but I don’t think many of these parents realize that this is what their position means.</p>
<p>As you can see, even on this thread we are seeing the different philosophies about parental funding of college. Again, this is the purpose of this thread: parents, make sure you think through your philosophy, base it on the facts, and share it with your kids while they have time to take it into account in crafting the college search.</p>