Reply to Paying for and saving for college

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Reply to "Paying for and saving for college - how do UMC people do it?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We did not save for kids college, prioritized our investments. We was not eligible for any financial aid with the gross income around $250,000. Both kids got full merit scholarships. There are a lot of free college options, I don't see any need to pay high $$$ for college when there are plenty free options. One kids was admitted to three Ivy league schools, chose to go to the school with full ride instead.[/quote]

Really gross that you took money from another student who needed it as you were too selfish to save.  [/quote]

I don’t think you understand the term “merit scholarship.”[/quote]

Yes, I do.  Greedy selfish parents who refuse to save a dime and can afford college.[/quote]

You’re crazy. If anything, current FA practices should take merit into account more rather than less. [/quote]

You think parents who make a large income, live in a million dollar house and live comfortably shouldn't have to contribute a dime?[/quote]

What about parents who never saved and blew it all on luxury cars and fancy cruises? Why should they get more financial aid than those who actually saved or have an A+ student?[/quote]

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