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College and University Discussion
Reply to "FA Question: Inherited house, now worth $1M, now what? "
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[quote=Anonymous]23:22 Your points are not persuasive. If they'd invested in private schools, then their net worth would not be over $1 million and yes they should be eligible for FA. Of course OP should not have turned down the house. People's reactions are strong here because of perceived inequities and a distorted sense of entitlement. As for loopholes, what examples can you give on this magnitude? Questions from folks with high HHI and large mortgages and graduate school loans who expect FA at private school get a strong reaction over on the private school forum. This is not new..[/quote]
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