(Originally published on April 21, 2022; accessible to everyone.)
Many colleges don’t use the U.S. Department of Education-recommended College Financing Plan format to communicate financial aid awards to students, making comparison more challenging. Here’s a How I/How-To to help you sort through your college options. Set aside some time this weekend; follow the Instructions; use the Worksheet. See how the cost of your colleges really compares, and how student and parent loans over four years translate to monthly payments.
(Since Substack lacks the capability to embed, see this post on my website for the Instructions and Worksheet.)
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