Reply to Do you make $400,000 a year but feel broke?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]NP here. You have a weird sense of entitlement to a private school education.  You remind me of one of my college roommates.  Both her parents were doctors, she lived in a huge house on Long Island, brought more clothes with her than I had ever owned in my whole life, and yet managed to qualify for a work-study job.  Plenty of other families made sacrifices and paid full freight.  It's obnoxious to spend your money and expect others to pay for your kids schooling.  [/quote]
This is yet another straw man argument.  Nobody is saying your roommate should have gotten aid.[/quote]

How is it different than your argument that a family making $400k a year should get aid for private school?  Either spend less money, or go to a cheaper school. [/quote]
Because your roommate wasn't in a situation where her parents were asked to allocate 100% of their saveable income (in a situation with no accumulated wealth, unlike your roommates' parents) towards 4 tuition payments - to the point of not even funding her parent's 401k.

Let's assume that the family on Sister Wives makes $400k pretax.  Your position is that each of their kids are entitled brats if they seek a dime of financial aid because $400k can support unlimited tuition payments, full stop?

All of these examples are relative - in the vast majority of cases, a family with $400k HHI would not need any aid.  But there are certainly rare circumstances when it would be justifiable.[/quote]

You act as though the amount people save is fixed. That it can't be changed by other spending. I would fully expect a family to cut back on everything else if they are asking for financial aid. Including housing, cars and savings. Financial aid isn't to subsidize a lifestyle. [/quote]

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