What a weird way to pay for an education. Essentially it's pay for part of it, get a coupon for some of it, and put the rest on a credit card.
Except a credit card debt can be discharged in bankruptcy.
What a weird way to pay for an education. Essentially it's pay for part of it, get a coupon for some of it, and put the rest on a credit card.
Except a credit card debt can be discharged in bankruptcy.
Except those numbers include student loans, which actually increase the cost of attendance. It's a terrible misleading stat.
I wonder what percentage of Wake alumni children would qualify for need based assistance........probably almost none......as such I wonder how many Wake alumni children who are actually accepted (and would have to pay the full 65k) choose to attend Wake...
The calculation I ran on the calculator above spit out around $20,000 in need based assistance for a family making a combined $150,000 a year, with a $400,000 house and $550,000 in savings.
Yeah, and that's for a family with just one kid in college and I assume that calculation includes no mortgage on the home.
This also leads me to believe that loans are not included in that number "The average total financial aid amount from Wake Forest to undergraduate students is $32,015, according to the report. About 39 percent of freshmen received financial aid, while 34 percent of undergrads did. Financial aid beyond what the university provides is available in the form of scholarships, work study and loans."
I wonder what percentage of Wake alumni children would qualify for need based assistance........probably almost none......as such I wonder how many Wake alumni children who are actually accepted (and would have to pay the full 65k) choose to attend Wake...