Why Do Connecticut College Financial Aid Award Letters Include So Many Student And Parent Loans

One of the most embarrassing facts about the Connecticut college financial aid system is the fact that parents and students are practically forced into further debt under the guise of financial aid go to pay for college. I meet every day with the parents that went in debt and can not afford an additional fifty thousand U.S. dollars in the chalk. Why do Connecticut colleges have to sit billion dollars in cash and take her power, parents and students to so muchDebt?

Most parents that I have met, with a small amount of savings and a minimum retirement account, but it is not that they should get automatic approval for grants and scholarships. The fact is that those parents who, with great students, and have worked very hard to earn the college level. Connecticut colleges are not fair in punishing the students because their parents at home have equity or a small pension account.

What about theParents who have more than one child? Even if the federal government takes the expected financial contribution of the families are still left to figure out how to pay the remaining thousands of dollars. If the child has the grants and scholarships for their academic merit, why they do not deserve the real financial support.

I believe that every parent of a school bound senior should only spend their time for universities that have a history of really supporting families in theForm of grants and scholarships. Why should you pay for the privilege of borrowing money when we all know that with the exception of a handful of universities, the rest of us we always have to prove to the degree anyway? Do not risk your retirement and your child's financial future when you have time to the Connecticut university that a student earns award of the grant will stimulate research to take.