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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]To me, it's very simple. There is a limited pool of financial aid to go around, and it should go to those with the most need. Because of your assets, you are not in the most need. You may not want to take out an equity line on your home, but it is an option for you, unlike many families who also want to send their kids to school. Don't start looking for handouts until you've exhausted your own ability to pay.[/quote]
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