Re: college costs

[Robert <http://dummy.us.eu.org/robert>]

Actually, I was just looking at an article:

 http://www.thefiscaltimes.com/Articles/2013/07/16/How-A-Family-Loan-Pool-Helps-With-College-Costs

I forgot about the tax issues.  I seem to remember that there is a cap of
$15,000 which can be lent to people in general without considering tax
issues.

The simplest would be to take out loans, 'tho, that itself can be
problematic:

 http://online.wsj.com/news/articles/SB10001424127887324532004578362290396501134

 > From: Robert <http://dummy.us.eu.org/robert>
 > Date: Thu, 29 May 2014 14:15:40 -0700
 >
 >  > From: ", Flora" <http://www.state.vt.us/~Flora.>
 >  > Date: Thu, 29 May 2014 21:03:24 +0000
 >  >
 >  > The $51,000 includes grants and scholarships. Would you like me to send you the 
 >  > spreadsheet that I created? This includes all estimated costs that the colleges 
 >  > gave us minus the grants and scholarships. This gives us what we pay with 
 >  > savings, loans, and monthly payments.
 > 
 > Yeah, that would be useful.
 > 
 > However, I would like to understand something, still.
 > 
 > It seems like there are 2 paths:
 > 
 >  1) You pay for everything.  In that case, you get grants and loans, and
 >     then the remainder is paid by you.  That's straightforward.
 >  2) You get help from family members.  In that case, you get less in grants
 >     and loans, and the remainder is paid by you and the family members.
 > 
 > Am I correct in my analysis?
 > 
 > If it is correct, does #2 have a lower and upper bound?  It would be ideal
 > to see a graph based on different scenarios with varying contribution
 > amounts versus the total amount paid for college.
 > 
 > It seems like there would be tools to do this for you, right?