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College and University Discussion
Reply to "What money is fair game for financial aid?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We all choose how we spend $$. If you want to put it towards a house (car/trip/whatever) then college choices are limited to what the family can manage. There is nothing special about housing choices. If contributing to college is not a priority, it is totally fine, but don't expect the college to handle it for you.[/quote] +1 College is so expensive and financial aid so common that people forget it is a form of charity, not an entitlement.[/quote] It's a form of charity in the same way that getting a car for less than MSRP is charity. The prices are all artificially inflated knowing that they will come down through aid be it financial or merit. [/quote] NP. To clarify, need based aid and merit are quite different propositions for a full pay family, especially one just over whatever threshold puts them at full pay. Most top schools only give need-based aid, so there are still many paying full price. Discounting happens at colleges further down in ranking. For those eligible for need-based aid, usually paying for college will still involve significant sacrifice, aka it's gonna hurt some.[/quote]
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