Reply to People with $1.2M+ homes and getting significant financial aid

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[quote=Anonymous][quote=Anonymous]We live in a small house with a small mortgage that affords us the budget to pay for private. Would not be happy to find out our tuition dollars are subsidizing someone with a house worth 2-3 times as much as ours. Should we upgrade and apply for financial aid?[/quote]

I think about this often. How much does FA subsidize people's poor financial choices? 
We are conservative with our money, live in a modest home and drive 10 year old cars which all contributes to our ability to pay for private. 
But are families who are living in expensive houses with expensive cars really getting aid??

I was a major FA kid but have done well enough for myself now to be able to afford tuition, but obviously we have made some sacrifices to do so. I have donated (in varying amounts) every year since graduation and earmarked it to FA as a way to "pay back" what the school gave me. 
If I find out my money is subsidizing someone who lives in a $2M house in Bethesda and drives a Tesla, I'm going to be livid. [/quote]

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