Reply to FA shouldn't go to people with 1 million dollar houses

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Reply to "FA shouldn't go to people with 1 million dollar houses"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Op didn't argue for getting rid of the system; she argued for re-engineering it so it prevented certain kinds of outcomes.  And the type of re-engineering she's talking about would benefit the least-well-off rather than make it more difficult for them to qualify for FA.  [/quote]

OP did not say she wanted to improve the FA system. She said, without knowing all the particulars, that she wanted the person in the $1 million dollar house to have no FA. [/quote]

OP here.  I thought I actually made it clear.  I DO know the particulars.  And I am aghast that someone who makes $250K a year, who has about $700K in equity in a house, and who sends her children to expensive summer camps is draining my childrens' school's financial aid coffers.

What exactly is wrong with being upset about that?  I would happily contribute (and do) to INCREASE the pool of financial aid in my childrens' school.  That does not mean I want it going to families who are NOT NEEDY.[/quote]

So what I want to know is HOW did this family qualify for financial aid?  Did they lie about their assets?  Do they have debt which offset those assets?  What did their form for Princton actually look like?[/quote]

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