Reply to What Top 30 colleges give most aid to 250k families...

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[quote=Anonymous]The first PP provided a typical response. I hate that - because it's without any context whatsoever. You have no idea how long the income has been 250K. You have no idea of their expenses (supporting elderly parents, or special needs children).

So, to answer the question, one response is the Ivy League. It's a gamble, but the schools that do not provide scholarships ("merit aid") are more generous with financial aid. They have to be. HYP do not cost $80K a year for families with $250K income. They do cost, however. They just are more likely to be in the 40-50K range.

Another response is your flagship or desired State U, if it's in the Top 30, which some are. In that case, they do not provide "the most aid" technically, but they do in the fact that you've paid for the lower in-state tuition through taxes.

There is a myth that it's super easy to save hundreds of thousands of dollars on 250K. That may or may not be the case. So many variables at play - cost of living, size of family, health expenses, age of parents, etc. For a family with low expenses and one child, it might be easy. For a family with 3+ children and higher than average health care expenses, not so much. So, to the first PP, take a hike. [/quote]

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