Reply to "free tuition for people making under $x" is problematic

Forum Index » College and University Discussion

Reply to ""free tuition for people making under $x" is problematic"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I interpret these PR messages as referring to "income" below 200k, not assets. Are they talking about income or assets? I honestly don't know many people without property ownership at some level, which would keep them below 200k, especially in the NoVA area.  [/quote]
The advertisement is about 200k income with typical assets.

It's a bit misleading for families who are unfamiliar. People should be using the college's Net Price Calculator, period.[/quote]

Wouldn't "typical assets" include a primary home?  And home pricing is all location dependent.  A house in NoVA (inside the beltway) is likely way less expensive than homes in other high priced areas, affluent suburbs of NYC, Seattle, Bay Area, LA ... Of course, if you have multiple homes or rental property, I get that difference.  But not sure how your primary residence counts as an atypical asset, assuming you're not hoarding cash and just have retirement savings.  I would think that a home in NoVA (inside Beltway) for $1.5M and an income under 200k would still qualify for "typical assets" under these programs.

[/quote]
It's almost like financial aid is really complicated and colleges should require documentation to make sure they're giving money to the right people with the context of their situations considered.

Oh wait. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics