Should financial aid in private school be stricter?

[Anonymous]

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Anonymous wrote:If you cannot afford private school tuition for your kids, that is your own fault. Stop blaming other people or getting angry at the financial aid systems.

Look in the mirror, and figure out why your finances are not in better shape. You can apply for financial aid, but realize there is a very limited amount of philanthropy available.

Financial aid is not the problem. Your terrible finances are the problem. Own your mistakes.

Sure. Financial aid is working perfectly—based on the available data.

Oh wait, there is no data. Never mind. Feel free to keep donating money based on opaque decisions.

Complaining about financial aid is like complaining about the free food at a food pantry. It is money donated and given as philanthropy. You really need to get a life.

No. Complaining about financial aid is like complaining about people with bmws going to get food at the food bank.

Not at all. Private schools and donors are doing exactly what they want to do.

Of course, since there is full disclosure everybody knows exactly how their donations are spent.

Clearly not everyone needs to know to accomplish the published mission of the school.

Speak for yourself. When I donate money I am interested to know how the money is used. If it’s no used appropriately I can donate my money to other causes. What is so outrageous about that?

Not everyone donates, so they don't need to know. If you donate, then ask for that information. Problem solved.

In my kids school financial aid is allocated to upper middle class families that don’t really need it, so I am lucky to know that there is no need to donate.

But still, there is some off to have inclusion for BMW owners. Maybe it feels good to you.

Why send your kids to a school that does that? You are complicit in a problem you creat and complain about. I'm ok with the way our school allocates money, otherwise I'd leave.

I think it’s simpler not to donate, as long as the quality of education is good I am ok staying.

More concerning is the attitude of parents towards low income kids and how they have stereotypes about them. That is more problematic to avoid in private school. Also the entitlement of upper middle class parents that think they deserve the financial aid when people put a lot of effort to pay for it. Just noticing the dysfunctionality of many parents in this thread.

Hopefully the parents at your school don't have differing values to yours. We looked at 9 schools and chose to apply to 4. Of those my kid chose where they would fit in best. So far (5 years), we really like the culture and I trust the school to maintain the culture that enables my kid to thrive. Once that changes, we will leave. Luckily I do have one of those kids who would be fine in most places.

Most the parents I know are super nice. What is a bit puzzling for me is that even though the parents are customers and paying for a service, it’s unusual to provide feedback on things you might disagree.

For some reason people find offensive to suggest more transparency and disclosure when it’s pretty common in many organizations to improve transparency.

For the trolls, no, you don’t leave school because you disagree with something. The same way you don’t resign from your job if you have a bad colleague.

I provide feedback to our school all the time. I also donate a lot so I sometimes provide clear stone loud feedback. Financial aid isn't one of my topics though. I understand that am ok with it.

Good for you. Most people in this thread are offended by the idea that someone can suggest a different way of spendingfinancial aid. Very strange.

[Anonymous]

Anonymous wrote:

In my kids school financial aid is allocated to upper middle class families that don’t really need it, so I am lucky to know that there is no need to donate.

But still, there is some off to have inclusion for BMW owners. Maybe it feels good to you.

Who are you kidding? You can’t afford to donate but like to act like a big benefactor. You know how I know? Donors can direct how their contributions are spent. If they want their money to be allocated to certain areas or programs, they will instruct the schools to do so. These generous donors don’t find excuses not to donate.

This. The PP they responded to doesn't have kids at private school and clearly doesn't donate. They just want to know how to get their kid in that system and have it paid for by someone else.

[Anonymous]

Anonymous wrote:Financial aid isn’t the problem.

Complaining about how other people donate and direct their donations is absurd.

This is philanthropy.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:

In my kids school financial aid is allocated to upper middle class families that don’t really need it, so I am lucky to know that there is no need to donate.

But still, there is some off to have inclusion for BMW owners. Maybe it feels good to you.

Who are you kidding? You can’t afford to donate but like to act like a big benefactor. You know how I know? Donors can direct how their contributions are spent. If they want their money to be allocated to certain areas or programs, they will instruct the schools to do so. These generous donors don’t find excuses not to donate.

This. The PP they responded to doesn't have kids at private school and clearly doesn't donate. They just want to know how to get their kid in that system and have it paid for by someone else.

Not all. Just having a more transparent financial aid system. What’s so preposterous about that?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Financial aid isn’t the problem.

Complaining about how other people donate and direct their donations is absurd.

This is philanthropy.

That’s nice. Label it as philanthropy for upper middle class. I am sure you will get tons of donations.

That is literally the way every charitable foundation works. Don't like it? Become a donar and change it. Or change the Tax breaks in the system - good luck with that though - this has been around forever.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Financial aid isn’t the problem.

Complaining about how other people donate and direct their donations is absurd.

This is philanthropy.

+1

UMC aid recipient ☝️

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Financial aid isn’t the problem.

Complaining about how other people donate and direct their donations is absurd.

This is philanthropy.

That’s nice. Label it as philanthropy for upper middle class. I am sure you will get tons of donations.

That is literally the way every charitable foundation works. Don't like it? Become a donar and change it. Or change the Tax breaks in the system - good luck with that though - this has been around forever.

Not really. Charities have more accountability for past corruption cases. That’s why it’s important to be accountable. If you don’t have something to hide, why not make it transparent?

[Anonymous]

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Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system

Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!

Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.

Since I can’t have it, nobody can.

It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.

What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?

Families earning 250k or more get financial aid and …… families earning 250k or more pay full tuition…… makes total sense.

Maybe for someone with a simple understanding of economics and household budgets.

It’s been explained numerous times why some families with that HHI may not be able to pay full rate. Here’s a hint, family size, medical expenses, student debt, mortgage, and other expenses. It’s not to say that these families will never be able to pay full tuition. They just can’t at this time. Part of FA is also to foster a loyal alumni base that will contribute in the future. These recipients are future donors.

That’s make total sense. That’s why schools should definitely exclude all low income families. Thanks for the lesson in economics.

I’d rather the limited funds help 5 middle class families with partial FA than 1 low income with full FA. It sucks but life is unfair.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system

Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!

Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.

Since I can’t have it, nobody can.

It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.

What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?

This is why schools have a committee or office to determine who gets aid. No matter what they do or where they draw the line, people will complain. I'm more comfortable giving it to MC teachers to keep them longer. Some of them have been the best teachers we've had. One of our favorite teachers used this perk for her grandchildren and I thought it was a great way to reward ther tenure at the school. She was so helpful to my youngest, I think she changed my DD's life.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Financial aid isn’t the problem.

Complaining about how other people donate and direct their donations is absurd.

This is philanthropy.

That’s nice. Label it as philanthropy for upper middle class. I am sure you will get tons of donations.

Every donor is free to direct their donation exactly how they want to. The donations are going exactly where they are intended to.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system

Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!

Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.

Since I can’t have it, nobody can.

It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.

What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?

Families earning 250k or more get financial aid and …… families earning 250k or more pay full tuition…… makes total sense.

Depends on the full financial picture. Hats why a rube like you isn't making decisions and has no power.

250k with 1 kid and zero mortgage
250k with 3 kids and a mortgage
250k with 2 kids a trust fund no mortgage

All different pictures to me.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system

Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!

Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.

Since I can’t have it, nobody can.

It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.

What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?

Families earning 250k or more get financial aid and …… families earning 250k or more pay full tuition…… makes total sense.

Depends on the full financial picture. Hats why a rube like you isn't making decisions and has no power.

250k with 1 kid and zero mortgage
250k with 3 kids and a mortgage
250k with 2 kids a trust fund no mortgage

All different pictures to me.

why should a family with more kids be rewarded over a family who decides to have kids can afford?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Financial aid isn’t the problem.

Complaining about how other people donate and direct their donations is absurd.

This is philanthropy.

That’s nice. Label it as philanthropy for upper middle class. I am sure you will get tons of donations.

Every donor is free to direct their donation exactly how they want to. The donations are going exactly where they are intended to.

The donations to a private school can be restricted for very specific uses?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system

Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!

Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.

Since I can’t have it, nobody can.

It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.

What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?

Families earning 250k or more get financial aid and …… families earning 250k or more pay full tuition…… makes total sense.

Maybe for someone with a simple understanding of economics and household budgets.

It’s been explained numerous times why some families with that HHI may not be able to pay full rate. Here’s a hint, family size, medical expenses, student debt, mortgage, and other expenses. It’s not to say that these families will never be able to pay full tuition. They just can’t at this time. Part of FA is also to foster a loyal alumni base that will contribute in the future. These recipients are future donors.

That’s make total sense. That’s why schools should definitely exclude all low income families. Thanks for the lesson in economics.

I’d rather the limited funds help 5 middle class families with partial FA than 1 low income with full FA. It sucks but life is unfair.

That makes sense because there are no middle income class families that pay full tuition. Poor middle class families. So much suffering.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system

Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!

Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.

Since I can’t have it, nobody can.

It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.

What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?

Families earning 250k or more get financial aid and …… families earning 250k or more pay full tuition…… makes total sense.

Depends on the full financial picture. Hats why a rube like you isn't making decisions and has no power.

250k with 1 kid and zero mortgage
250k with 3 kids and a mortgage
250k with 2 kids a trust fund no mortgage

All different pictures to me.

I understand but for the point of view of the school revenue and diversity, makes more sense to admit the 250k families that can pay full tuition. Why the school has to subsidize the homeowners or big families?