Should financial aid in private school be stricter?

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?


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.


That’s fine for you, but would it be fine for the rest of the donors. Maybe or maybe not, because there is not full disclosure. This is not the school money, is the parents money by the way.
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.


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?


You’re making the assumption that if a family with 1 kid is getting $X, then a family with 3 kids is getting 3X. That’s not the case. Your threshold to pay is not an absolute number. A larger family is expected to contribute more of their income or ability to pay than a smaller family. You’re also forgetting that FA is an investment in the school’s future donors. The more recipients they support today, the more donor they create for the future.
Anonymous
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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?


You’re making the assumption that if a family with 1 kid is getting $X, then a family with 3 kids is getting 3X. That’s not the case. Your threshold to pay is not an absolute number. A larger family is expected to contribute more of their income or ability to pay than a smaller family. You’re also forgetting that FA is an investment in the school’s future donors. The more recipients they support today, the more donor they create for the future.


Yes. But is not the school money but the parents money. School can continue selecting candidates for financial aid, but the right thing to do is to be transparent. Also, if money is tight in school is not a bad idea to admit more middle income families that pay full tuition. What’s wrong with that for the school future? Middle class families that pay full tuition are worse than the ones the receive financial aid? Are you sure about that?
Anonymous
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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.


For most of these schools it's difficult to include all the people's children who are already in the community. A lower income child who needs full funding has to be really bringing something special to the community to stand out amonst all the legacy, admin, siblings, family members who already have their foot in the door. I known that's hard to understand but it's the way the world works. Finding jobs is similar- you need to know someone on the inside.
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.


They are DONATING the food at the food bank and quite possibly distributing as they see fit. It's you who wants te free food and comes for a hand out complaining about the donors.


Not really. When the food is not given to the people that really needs it, I see a problem. Maybe it’s ok for you.


If a church collects food, they normally give to those in their congregation first. These people may not be the most needy, but they are part of the community. This is similar to a school that gives tuition breaks for multiple kids. Many are already part of that community. Many recipients might also have parents or family members who attended the school. These people are also part of that community. Maybe they are only middle class and can't afford the school otherwise, but again are not truly the most needy. Others might be the children of teachers and faculty members. Those faculty members might have working spouses and might be MC but otherwise might not be able to send their kids there. So similarly to the way a church food bank preferentially helps their community, these schools prefer their community too. These MC families need the aid to stay in the community. Sorry that upsets you, but it's the way charity works everywhere. We help our own first, our neighbors second, everyone else third.


Schools should allow teaches kids to go for free. Point is it should be targeted to low income.


Sounds reasonable to me, as long as the household income justifies free tuition.


Why? I get perks and bonuses at work. Shouldn't teachers?


Last year my bonus was 200k. I think teachers work harder than I do. I couldn't do it.

Normally you don’t get a 50k perk.


You should donate more for financial aid.



Like all my money? What would prompt you to say that about someone else's finances when you don't know how much people donate. There are literally families at our school that have donates millions. You're just upset that you haven't been able to get your hands on it.



In case you are interested in teachers having full tuition you can donate money for that. It’s possible. Wait, I now understand, financial aid should be generous with someone’s else money, not mine. That makes sense.


Yes, now you get it! You are a taker not a giver.
Anonymous
Anonymous wrote:
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?


I have an idea. Post your bank account number and I can just fully fund your child's tuition. Happy?
Anonymous
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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?


Diversity. Large families bring more diversity in family structure. Or do you want to redefine diversity to suit your narrow situation?

Schools have a definition that suits them, maybe it doesn't suit you. I don't care how you define it. The way the school defines it suits me.
Anonymous
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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.


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?


Diversity. Large families bring more diversity in family structure. Or do you want to redefine diversity to suit your narrow situation?

Schools have a definition that suits them, maybe it doesn't suit you. I don't care how you define it. The way the school defines it suits me.
LOOOOOOOOOOL. that is some really anti-DEI stuff there.
Anonymous
Anonymous wrote:
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?[/quoMr.

Yes,obviously.
Anonymous
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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.


It's not about their suffering or not. To me, as a donor, it's about a well rounded community for MY kid, not your specific situation. I dont want my rich kids to be surrounded only by the rich or the poor. I actually would rather them be surrounded by middle class people. So by providing multiple middle class families this opportunity rather than very select few low income kids, the community is more rounded. I do not want my kids in a situation like I grew up in where there were rich kids and poor kids. Guess who ran the school? If the school has many MC kids the dynamics are much much better. I will donate to that. If you don't like that I support that cause for my own children, I don't care at all.
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?


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.


That’s fine for you, but would it be fine for the rest of the donors. Maybe or maybe not, because there is not full disclosure. This is not the school money, is the parents money by the way.


💯 absolutely!! It's the parent's money and they can designate how it's spent. At our school they can tick a box or fill in the blank. They can also write "I don't want teachers or MC people to receive any financial aid with this money", or, "I want all this money to upgrade the dining facilities", or, "I want this money to be spent to market in lower income communities", or, I want this money to be spent only on the girls basketball team". See how that works?

Maybe the donors should just donate to the facilities and their kids' sports - no financial aid at all. How would you find that? After all, they still get the same tax break.
Anonymous
Anonymous wrote:
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.


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?


Diversity. Large families bring more diversity in family structure. Or do you want to redefine diversity to suit your narrow situation?

Schools have a definition that suits them, maybe it doesn't suit you. I don't care how you define it. The way the school defines it suits me.
LOOOOOOOOOOL. that is some really anti-DEI stuff there.


Ok, let's flip it around. Is it diversity to advocate for a 2 person family - 1 mom, 1 kid?

How is it different to advocate for the other end member? Or do you only want to looks with a narrow len?

Diversity isn't diverse if everyone is the same. Same family structure, same financials, same race, etc. There are so many ways to look at diversity. Why are you so arrogant to think only your way matters?
Anonymous
Anonymous wrote:
Anonymous wrote:
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.


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?


Diversity. Large families bring more diversity in family structure. Or do you want to redefine diversity to suit your narrow situation?

Schools have a definition that suits them, maybe it doesn't suit you. I don't care how you define it. The way the school defines it suits me.
LOOOOOOOOOOL. that is some really anti-DEI stuff there.


Ok, let's flip it around. Is it diversity to advocate for a 2 person family - 1 mom, 1 kid?

How is it different to advocate for the other end member? Or do you only want to looks with a narrow len?

Diversity isn't diverse if everyone is the same. Same family structure, same financials, same race, etc. There are so many ways to look at diversity. Why are you so arrogant to think only your way matters?
Not advocating for type of family. It's already bad enough that two breadwinner family gets the short end of the stick when come to FA
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
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.


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?


Diversity. Large families bring more diversity in family structure. Or do you want to redefine diversity to suit your narrow situation?

Schools have a definition that suits them, maybe it doesn't suit you. I don't care how you define it. The way the school defines it suits me.
LOOOOOOOOOOL. that is some really anti-DEI stuff there.


Ok, let's flip it around. Is it diversity to advocate for a 2 person family - 1 mom, 1 kid?

How is it different to advocate for the other end member? Or do you only want to looks with a narrow len?

Diversity isn't diverse if everyone is the same. Same family structure, same financials, same race, etc. There are so many ways to look at diversity. Why are you so arrogant to think only your way matters?
Not advocating for type of family. It's already bad enough that two breadwinner family gets the short end of the stick when come to FA


Got it! So you want to take family structure out of the diversity equation. Sad. Some people want to take race out of the diversity equation. Also sad. Glad our school doesn't do either of those.
Anonymous
Anonymous wrote:
Anonymous wrote:
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?


I have an idea. Post your bank account number and I can just fully fund your child's tuition. Happy?


Schools are not individuals are non profits and they do have disclose some financial information. But, well, might a difficult concept for you to understand.
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