Aid for families w income of $300k+

[Anonymous]

We are in public service professions in big city which recently pushed us just above 300k. No McMansion, drive used non-luxury car and take public transport, went to Europe once using points from traveling for our jobs, cut our own 10 x 20 patch of grass, clean our own house. Childcare expenses with two parents working, high tax state, job losses over the years, and paying off our own student loans meant that we weren’t able to save for 90k a year although we did save a decent amount. Thank you Princeton and the other kind posters who pointed us to other schools to consider!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Princeton or state school like UMBC if kid can get merit money.

Emory, John Hopkins. You will still get aid. For example if school is 94k you may get 20k off and still be left will 74k. You may be better off at state school with merit money. Safety can give merit money too. Otherwise love your state school and full pay.

This is the whole joke with the 94k price tag. They hike tuition up to this astronomical level almost no one can afford, so that they can appear generous when they offer "aid" to get the price down to... a still extremely high price that almost no one can afford. Then wealthy families can brag their kid got a scholarship at some big name school, but in reality it's a marketing ploy to make you feel less swindled by the astronomical prices of these schools that cannot possibly be justified.

+100 "aid" or "merit scholarships" are just the 10% off sale in the over inflated sticker price to make parents feel like they got some kind of discount.

Kohl's Cash

[Anonymous]

Anonymous wrote:Williams, Bowdoin, Amherst, Vassar, Cornell based on my daughter’s offers last year. But low assets as income tripled just 3 years ago.

Same here, in terms of financial position. Amherst specifically in our case.

[Anonymous]

Georgetown.