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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't believe you[/quote]

This is an odd post.[/quote]

Under the circumstances OP has described, I don't believe an Ivy would require the parents to pay 75k.  I just don't.  [/quote]

As someone who worked in elite higher ed financial aid, this circumstance doesn't surprise me at all. This is probably a "lesser" Ivy. Not HYP. Many Ivies still consider home equity, and two teachers who bought at the right time could have well over half a million in home equity in a modest house in high cost of living area. And if the parents have been responsible about socking away money in 529s, that will also count against them in the financial aid game.

For what it's worth, I threw in some net price calculator figures that were pretty modest assumptions. $225,000 HHI. 2 14 year olds. $50,000 in total college savings for all three kids. $750,000 in home equity on a house purchased for $400,000. $50,000 per year in retirement contributions. No other investments, real estate, etc. That spit out a net price at Cornell of $44,501 per year. OP's family members could easily have been more diligent in college savings and investments over time, which would bump up the estimated contribution.

Don't believe everything you hear about how great Ivy financial aid is. For all the schools, the "free tuition under 200k" (or some other benchmark) comes with an asterisk about "typical assets" and the like. [/quote]

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