Reply to Just Curious: Post if you have a Masters, Law or MD and your parents did not pay for college

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Reply to "Just Curious: Post if you have a Masters, Law or MD and your parents did not pay for college "

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[quote=Anonymous]OP, what is the point of your post?  Just curious.

I came from a deep working class family.  Received a mix of loans and grants for all four years of undergrad and two years of grad.  When I was in college, FFA (or whatever the financial aid agency is called) required every family to make a minimum $500 contribution.  My family had zero extra cash, so we always hit the minimum $500.  If a family had to pay more depended if the college/university offered a package based on unmet need.  My sister attended an Ivy which basically told her, even though FFA says your family contribution is $500 and the total bill is for $10,000, we can only offer $7,000.  As if she could snap her fingers and the $2500 in unmet need would just pop up. And they did this after she had been enrolled for a year - pretty much BS.  I attended a smaller liberal arts college that was more responsive.

I knew one young woman - parents were divorced and her father refused to pay a dime for her education.  Wealthy lawyer.  She became an emancipated minor and that allowed her to qualify for financial aid.  Very tough for her.  And I knew a number of classmates with parents who had remarried.  While some of their stepparents did contribute to their education, not all of them did.  I've never liked that aspect of the federal financial aid program.  My guess is that there are many kids who fall into this category.

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