Reply to What money is fair game for financial aid?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We have 2.5million in assets and close to retirement, you can say we have the money but it would be financially irresponsible to spend 40k for each of our 3 kids.  However, the tops schools think we can afford to pay without aids based on our assets[/quote]

You can "afford it" but you choose to have three kids and spend your money in other ways vs. saving.  You should have considered this when you bought your house, vacations and all that stuff.  So, your kids got to state school for take out loans.  Or, other options.  I don't get the three kid excuse.  You should have stopped at two.[/quote]

Why are you assuming people have big house and fancy vacations? We bought a 380k house,  never spend more than $5000/year on vacation, driving 14 and 16 year old cars, rarely dined out and saved 2.5 million which includes retirements! [/quote]

OP, are you saying that you are not willing to use part of that 2.5 million to pay for college for your 3 kids! Do you plan to pay for at least a public university? I don’t understand how you expect to get aid or feel entitled to it. [/quote]

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