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Reply to "Finacial aid at 350K HHI with high mortgages and nanny"
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[quote=Anonymous]No. FA is not based on net, but on gross. You are in the top 1% of the Washington DC area. You have the income to send your children to private school, but you made other choices with your money. There is no reason to give you FA. If you want your children to go to private school, you can afford it, but you'll have to give something else up like expensive car payments or the house that you really don't seem to be able to afford. And no money down on a 980K mortgage is a stupid thing to do. It's truly amazing how people who could make such foolish decisions and have so little common sense can earn so much money.[/quote]
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