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College and University Discussion
Reply to "Financial aid is a scam"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you’re middle of the road, you don’t get much. [/quote] We are middle of the road income. Paid approximately $100,000 for an ivy degree. Of that amount, I subtract room and board. Less than half went to tuition. [/quote] What do you consider middle of the road income?[/quote] $150,000[/quote] Wow, what year did you pay $25K / year at an Ivy? My EFC was a lot higher, yet income wasn't much more. Suspect I may be dinged for having modest house paid off and driving old cars that are paid off and worth nothing. Not sure they care that I am paying tuition for younger kids' private school, either, though they do ask if I will be paying college tuition for anyone else. [/quote] This matters a lot. People who are earning, saving and thrifting get dinged while ones living it up become eligible for higher aid. Same goes for people with more children vs one or two kids.[/quote]
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