Anonymous wrote:
Anonymous wrote:It’s not a one-size-fits-all situation. In the Cleveland area, a family earning $136K a year would almost never qualify for aid from a Catholic high school—that’s considered upper-middle class there. Tuition is probably around $11K to $25K, and homes are far more affordable; you can buy a nice house for $200K or less.
In contrast, in the D.C. area, $136K is more of a middle-class income. Catholic high school tuition can run anywhere from $20K to $40K, and a modest townhouse might cost $350K or more. If a family earns $136K, has one kid, lives in a $350K townhouse, and the school charges $27K in tuition, I’d absolutely want them to receive aid. It’s all relative to cost of living.
I agree with your statement. Let me tell you what is the issue with an example with a concrete school and publicly available data (so parents from private schools don’t go bananas).
In Maret only 34 percent of the financial aid goes to families with income of 150k or less. So your example falls in that category which I think it’s fair. I don’t feel comfortable, specially with the 34 percent of financial aid that goes to families earning 250k or more. And that’s why I raise the issue if financial aid could be a bit stricter. I personally think that it should stop at an income grater than 150k.