People with $1.2M+ homes and getting significant financial aid

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:As a school administrator, I occasionally hear OP's comments from a parent about another family. I cannot ever comment on any family's situation. But what the school knows is a lot more than what you think you know about any given family. I know about the lost job, the medical debt, the company paying the rent on a house the family doesn't actually own, the car that was a gift from a grandparent, etc.

Is it true that 75% of families are getting financial aid?

No, usually 20-30%. That poster is confused

Or even lower. There is one school where the number is 40% and that is considered out of the ordinary generous, and it is because of the school's mission (religious), so it isn't giving aid to wealthy people.

[Anonymous]

There is a population of people at any of these schools with wealthy grandparents but parents who are highly educated but in relatively low-paying jobs that attract the children of the wealthy (especially in the arts, nonprofits, certain types of journalism and publishing). Usually grandparents help them (or just outright buy them) a home. Sometimes, the grandparents will choose to pay for the tuition and the family won't apply for aid, but in other cases, the family will apply for aid and get it (because grandparents' assets are not counted).

[Anonymous]

Anonymous wrote:The thing is most families at your private are fine with giving FA to UMC people. They want to be able to brag about all the FA their school gives out but they don’t want it going to actual poor people because they would have to deal with actual poor people.

This. If the school wanted to give full rides to very needy students, it could. It does not. Aid that amounts to 20% off tuition will not help a truly needy student attend. So all this drama about who "should" get aid is pointless because the school is not giving aid to those people.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm so confused why people care who receives financial aid. If people feel as though they can't afford the tuition, apply for aid, regardless of what people on this forum tell you. If you feel as though you can afford tuition without aid, don't apply. At the same time, don't criticize others based on what you see. They've made a decision based on their situation and so should you.

Because these people have been making financial decisions that they view through a moral lens, rather than just whatever is best for them. And then they get mad when their perceived moral superiority doesn’t result in them getting the best outcome over others.

This. They think they are superior humans because they made certain financial decisions that include not resting FA, and are angry that people who made different “inferior” decisions are “rewarded” if they do ask for and receive FA.

Folks, if it bothers you that someone else got aid, YOU CAN ASK FOR IT TOO.

There's no rational universe in which we should get aid, and I'm not going to waste my time applying for it. There's a very significant part of this that you are ignoring, however - the request from schools to donate. Other families are, in significant part, funding the financial aid

I receive FA, and they ask me for donations too. And then they write me a nice thank you letter for my embarrassingly small donation, and get to say that 100% of families donate.
Does this make a ton of sense? Not really. But the school seems happy enough with the system.

I'm grateful to the people funding FA, but donating is voluntary and you can direct your donation to grounds or a library or something if you want. Being annoyed about who gets FA is voluntary too.

[Anonymous]

Anonymous wrote:The funny thing about all of the fake morally superior and deeply offended people here is that they will end up doing absolutely nothing about it.

Actually, I am doing something about it. I'm restricting my annual giving to the school. Wouldn't be surprised if the "morally superior and deeply offended" people on this thread do the same.

[Anonymous]

Anonymous wrote:People.

If you are so frustrated by this: APPLY FOR AID.

We were full pay on a $300K income--to be honest we never even thought to apply for aid. We found out that friends (who we introduced to the school and who have a country club membership, second home that they rent out--neither of which we have) applied for aid and were paying 25K less than we were. We applied for aid. Now we are paying 25K less.

Yo, two wrongs don't make a right. Just because you can doesn't mean you should. But you do you, bro.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The funny thing about all of the fake morally superior and deeply offended people here is that they will end up doing absolutely nothing about it.

Actually, I am doing something about it. I'm restricting my annual giving to the school. Wouldn't be surprised if the "morally superior and deeply offended" people on this thread do the same.

And I’m sure the schools will be really upset that half a dozen DCUM Karens withhold their small donations that they think give them leverage over the school.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The funny thing about all of the fake morally superior and deeply offended people here is that they will end up doing absolutely nothing about it.

Actually, I am doing something about it. I'm restricting my annual giving to the school. Wouldn't be surprised if the "morally superior and deeply offended" people on this thread do the same.

And I’m sure the schools will be really upset that half a dozen DCUM Karens withhold their small donations that they think give them leverage over the school.

Certainly there will be less money for FA if more people do this so even fewer low-income people will get aid. That’s a win for you, right?

[Anonymous]

Anonymous wrote:

Anonymous wrote:The thing is most families at your private are fine with giving FA to UMC people. They want to be able to brag about all the FA their school gives out but they don’t want it going to actual poor people because they would have to deal with actual poor people.

This. If the school wanted to give full rides to very needy students, it could. It does not. Aid that amounts to 20% off tuition will not help a truly needy student attend. So all this drama about who "should" get aid is pointless because the school is not giving aid to those people.

Exactly. And that is how most families like it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The funny thing about all of the fake morally superior and deeply offended people here is that they will end up doing absolutely nothing about it.

Actually, I am doing something about it. I'm restricting my annual giving to the school. Wouldn't be surprised if the "morally superior and deeply offended" people on this thread do the same.

And I’m sure the schools will be really upset that half a dozen DCUM Karens withhold their small donations that they think give them leverage over the school.

Certainly there will be less money for FA if more people do this so even fewer low-income people will get aid. That’s a win for you, right?

You understand that DCUM is not representative of the real world and that most people who donate won’t be
stopping their donations because of baseless conjecture about what families make and receive, right?

If a handful of Karens stop donating and disassociate from the school, that would be fine with me. Frankly, I would be fine if they left the school altogether. Others will come along, be less annoying busybodies, make the experience better, and still pay up.

[Anonymous]

Of course you would prefer that. No one questioning why FA goes to well-off families rather than those who need it. Your bubble is secure.

[Anonymous]

Anonymous wrote:Of course you would prefer that. No one questioning why FA goes to well-off families rather than those who need it. Your bubble is secure.

You mean questioning who FA goes to based on anonymous internet rumors with no actual evidence, and getting super riled up about it? Yeah, fewer of those parents at our school, please.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The funny thing about all of the fake morally superior and deeply offended people here is that they will end up doing absolutely nothing about it.

Actually, I am doing something about it. I'm restricting my annual giving to the school. Wouldn't be surprised if the "morally superior and deeply offended" people on this thread do the same.

And I’m sure the schools will be really upset that half a dozen DCUM Karens withhold their small donations that they think give them leverage over the school.

Not sure why you think this is about leverage. Just making a personal choice to give in other ways that align with my values - ie: restricting the use of my giving. You can assume my annual giving is small if that makes you feel better. You can call me and others a Karen too if that also gives you satisfaction. I'm not here to fund people who don't really need FA. That's all.

[Anonymous]

Anonymous wrote:I don't see the issue. I bought my house for 800k and it's worth 1.3 now, for reasons I don't control. I don't make more money than I did when I bought it, cashflow is the same. Am I supposed to sell the house to pay for school?
If the school has better candidates for financial aid, that's fine: they don't have to give me any. But it's pretty clear we are among the "poor" families, based on donations and vacations we can't afford, and I'm not too proud to apply. We get modest aid, less than 10%.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The funny thing about all of the fake morally superior and deeply offended people here is that they will end up doing absolutely nothing about it.

Actually, I am doing something about it. I'm restricting my annual giving to the school. Wouldn't be surprised if the "morally superior and deeply offended" people on this thread do the same.

And I’m sure the schools will be really upset that half a dozen DCUM Karens withhold their small donations that they think give them leverage over the school.

Supporting fraud and social income redistribution for arbitrary reasons is not on my annual charitable donation list either.