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[quote=Anonymous][quote=Anonymous]"The University’s new financial aid model means that most families with incomes up to $100,000 a year now pay nothing for their student to attend Princeton, and many families living in the U.S. with incomes up to and even beyond $300,000 will receive grant aid, including those at higher income levels with multiple children in college."

This is a bit deceiving. Our HHI is 180 and we got nothing. All 4 grandparents are dead and we got about 1mm in inheritance that we can't shift to retirement bcs our income isn't high. We have about 500k in retirement.  We own a 1100 sq ft apartment in nyc.  We have three kids.

So no, we can't pay basically 20% of our total net assets (home, retirement, savings) for one kids tuition.  Our kids don't overlap either so it would happen again.

They should look at total assets.  People with 1.5 in retirement get FA.  but 500k in retirement and 1mm outside, nope. [/quote]

Most people with a HHI of $180k likely do not have $1M in cash floating around.[/quote]

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