I was just talking to TW yesterday and to some co-workers the day before about paying for college. Jenn has a college loan. Chris doesn’t, we’ve just paying for his tuition as he goes along. Michelle, I believe, is going to have the highest ticket college of the three. How is that going to be paid? Will she need a loan? Will she have a scholarship (or three)? It’s hard to say, that’s what’s making me nervous.
I’ve started sending her links to information about college loans and financial aid. Better to start now and be prepared! One of her first questions was, “What is a Sallie Mae loan and who is Sallie Mae?” I answered that one for her but directed her to some student loan forums for more questions. I also suggested she send some of this information to her father because her financial aid situation will also be determined by her parents ability to get their taxes done early and provide her with information that she needs.
I’m starting to be a little less nervous about having three kids in college at the same time.
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