Originally Posted by HowlerKarma
Many of our friends/associates have been VERY unpleasantly shocked to learn that they have EFC's into the five digits... up to 30% of your gross income is possible there, so it really pays to take a close look at what that EFC is.

Even excluding tuition, room and board for the better part of a year can easily run $10,000. Parents spend thousands of dollars a year on their children while they live at home. If an EFC of $10K per year shocks middle class parents, I wonder why they have been so uninformed.