I appreciate all of the comments; yes, even the more <ahem> negative ones. The lack of savings for college has been a boil on my butt ever since she was born. Its not like we didn’t try, we even went to a financial counselor to plan it as best we could, but nobody can predict the future. It would have been easier just to have blown a bunch of money on stupid shit because at least I would have had money to blow and a good time doing it. But the fact of the matter is, we had to make month to month choices; food or savings, hubby’s $1500/month interferon medication or savings, fix the car so I can go to work or savings, electricity or savings, replace 20 year old car that started on fire while driving or savings, dental care (Fed govt does not offer) or savings.
Yes, I was a stay at home mom for a while, but mostly I worked one or two jobs; half of my income going to survival and the other half going into savings, only to be use for another crisis.
And yes, I did apply for WIC then whet on to have a third child five years later. When I applied for WIC, our new baby was 1 month old and the government shut down, leaving my hubby without a paycheck and no indication of when we would be getting another one.
Through AP classes, and night classes at the local Community College the next step is a 4 year institution. She could do one semester at the CC but delaying attendance at a means not being able to start on her pre-requisites for her major, not to mention she would lose about half the scholarships she did get.
She applied to 6 Universities. We couldn’t afford to pay for more applications. Application fees ranged from $95 - $35. On top of that were the fees for transcripts and test scores to be sent to those to which we applied . Now, I know that this may not seem like much to some, but it cost us more than a months worth of food. We picked two private schools, two medium cost schools and two inexpensive schools. Of the two inexpensive schools, both were in California. One was considering not accepting a freshman class at all and the other had just cut a number of programs and of the programs that were left, classes required for graduation had been reduced to classes being offered once every three years or cut all together. This left the students already enrolled totally screwed. My feeling was that this educational environment was a poor investment risk.
She beats herself up on a regular basis over her ACT (30) and her SAT (1500 + ?) scores. She is bright, practical, and can write a hell of an essay, but she isn’t the best test taker in the world. She can work circles around other students, but her test scores are usually in the low 90% range. Now her 15 yr old brother is a champion test taker. That is the only reason he ever passes a class. He can’t complete homework or projects and get them handed in on time; nor can he even keep his damn shoes tied. But he can ace just about any test thats thrown at him. In my opinion, of the two the them, I would think my girl is the better risk.
We don’t expect a free ride. We fully expect to have to take out loans and that she will have to work to get through school. What kills us is the sheer amount we will have to borrow. Her first year is projected to cost $32,000. The scholarships she did get add up to $3,000. Her Pell Grant is for $1,800 and her Stafford Loan with work study is for $2,500. That leaves a deficit of $24,700. This is where we have a problem. It may seem much to many people, but for us that amount might as well be on the moon.
Look, I don’t want to whine about being poor. I think lack of wealth has given our children fair sense of priority, and left us more able to explore more intellectual rather than material persuits. But I can’t help but feel frustrated with the fact that her father and I work insane hours, maintain a spartan standard of living, having our daughter do everything in her power to get herself to college, and have the cost so high we can’t even hope to reach it.
Im sorry if people think I’m looking for a handout or entitlements of some sort, but we have never used ‘the system’. And we would love to be able to work until our fingers bleed to pay for it, unfortunately, as of right now, we can’t get access to that $24,700 to have a chance to pay it back.
As my mother said when I was in school, “If you think education is expensive, try paying for ignorance” (She got that off of a bumper sticker)