Families can use their Expected Family Contribution to determine what type of colleges and universities their children should target, and maximize their chances of obtaining financial aid.
It’s easier to get into financial trouble when pursuing a graduate degree because there is no fixed limit on how much graduate students can borrow for tuition, fees and living expenses.
The college landscape looks different than a year ago, with test-optional policies, a deluge of applications at the elite schools and an improved outlook.