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DL College News

January 12th, 2023 at 04:04 pm

DL(17) was officially accepted into the local State college.  They give very high priority to local high school students.  I think it only took this long because their business college is impacted.  He was getting a little stressed that his less studious friends were getting immediately accepted.  So I know he is relieved that it is official.

I think there's probably a 90% chance he will stay home and go to this college.  Has been leaning that way as more of his friends are choosing to go to this college.  

This is the only college he applied to.  His first choice (was) a Bay Area community college. 

With Federal tax credits and state middle class grants, we are talking $6,000 for his 4-year tuition.  (Full sticker price is $32,000).  

This is why we did not spend decades saving up for college.  The kids also both received ~$30K from in-laws for college.  I knew this would cover a 4-year degree.  I've been basing this off of full sticker price (in-state).  Projecting future college costs (in the past) and concluding that $30K would cover tuition.  I have never counted on tax credits that come and go.  I had no idea we'd get so much middle class state aid.  So pretty much we had set aside the full sticker price but are not paying anything close to that.

5 Responses to “DL College News”

  1. Wink Says:

    Congrats to DL! It's great that the costs are covered and are reasonable. So many colleges today charge just outrageous tuition and housing.

  2. crazyliblady Says:

    That's awesome news. He will be grateful when he graduates that he does not have student loans.

  3. LuckyRobin Says:

    Getting your son through school without student debt is like giving him a get ahead starter kit. So long as he heeds the financial lessons you've taught him along the way, he should be set to make smart decisions with money, too.

  4. CB in the City Says:

    The one good thing my ex did as a parent was to make sure my sons did not graduate with student loan debt. This is what I want for my grandchildren, too.

    Your son sounds like an amazing well-balanced kid!

  5. terri77 Says:

    That is wonderful! And what a generous gift from your in laws. I think California definitely gets education right, with making it affordable and accessible for their students.

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