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College and University Discussion
Reply to ""Typical Assets" as considered by University Financial Aid departments"
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[quote=Anonymous]It's bad enough that admissions decisions are so heavily influenced by SES considerations, effectively trying (yet failing) to re-level the playing field for the students. But then they hammer the families on the back end, too, with full fare tuition. Student A: Family income $200K, Home Equity and Investments of $450K = Education paid for Student B: Family income $300K, Home Equity and Investments of $1,000,000 = Full fare tuition Student A emerges from a top degree program at a top school (with presumably better, more lucrative career options), with no dent to family income and/or assets along the way. School B emerges from a lesser degree program at a lesser school (with presumably lesser, less lucrative career options), with potentially a $350 - $400K hit to the family income and/or assets along the way. This system gets us coming and going, I guess.[/quote]
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