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[quote=Anonymous][quote=Anonymous]Hmm. I am in that rough income bracket and have a kid at an Ivy and the cost is 48K. But, I have another in college at the same time. I do recall the aid letter saying it was based on having another in college, and if that child did not in fact enroll for the 2025-26 year, the cost would be 70K. So this seems legit. But, we are also a little higher - $260K income. We also have some, but not major, assets.

Two things: 1) House equity is likely not counted. Most schools do not count it. 2) The parents should absolutely call the school and share that they have twins coming into college age and medical expenses. They honestly might get more aid. Then, they might want to consider a combo of the more aid plus home equity loan.

Are you willing to share which Ivy? I ask because some have these various "promises" that the parent might want to specify when calling. Usually they're under $200K, but if [b]parents can explain that, in reality due to medical expenses they are under the threshold, it might help.[/b] 
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They can also argue that due to the medical situation the income might be at risk as well if the parent has or potentially might need to take medical leave.  
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