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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Part of why it's gotten so insanely expensive to go to many colleges is [b]because families that are UMC are expected to shoulder not just the cost of their own kid attending but all the kids that are attending for free or at low rates.[/b] I want those kids to go to college too but that should be funded from either government money or endowments not jacking up tuition on other families struggling to pay for school too. [/quote]

💯 [/quote]

That’s the big secret of the schools that no one talks about. Who is really funding all of the need blind awards. It’s not the endowments. And it’s def not the government.

It’s the fact that tuition goes up every year and insane amount and families with over $300,000 in income are expected to be full pay. That is robbery from one group to satisfy the other.[/quote]

Another +1[/quote]

TO me the bigger issue is merit aid that takes away from the pot of money for financial need. If all that emrit aid went into the financial need jar, the income level you need to have to qualify for need based aid would be higher.

My nieces and nephews and cousins got 20 to 30k in merit aid for tons of schools. These are very well off kids whose parents can absolutely afford to be full pay. I'd rather see that money go to middle class kids, not kids whose parents make half a million a year.[/quote]

Well fortunately for me, that is not your choice.  It's up to the school how they want to attract top students (top for their university).  That's exactly what merit aid is.  Why should a kid be penalized simply because their parents make more or chose to save more than someone else?  A kid who excels in HS has the option to find a place that is really affordable, if they want.  Maybe their parents only saved $400K and the kid wants medical school/professional school.  A smart kid will go to a good school that only costs them $20K/year and save the rest for medical/law/dental/wahtever grad school.   Colleges want to attract "top students" and they use merit aid to do so.  It's their choice.

Affordable for everyone is out there---every state has a large state schools that majority of good students can get admission to (in VA that might be VCU/JMU) but there are affordable places to get an education if you really want to do it without debt.  It might not be the TOP school in the state but there are options.   [/quote]

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