Reply to FA shouldn't go to people with 1 million dollar houses

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Reply to "FA shouldn't go to people with 1 million dollar houses"

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[quote=Anonymous]OP here.  I can say that I know that this family has substantial equity in the 1 million dollar house, since at one point the parents were talking about how their older house was fully paid for, and they they moved up to this house.  And the older house was sold for about $700 K several years ago.  So whatever mortgage they acquired to get into the big house is relatively low (and lower than mine, I can tell you).

Okay, why should I care right?  I do care.  I say, "Why is this person taking away financial aid from kids who come from places where they would NEVER have the opportunity of a private school education were it not for financial aid."  I don't know what kind of financial shenanigans this family was able to portray on their financial aid application, but knowing that some resources are going to a family who under any circumstances would be sending their kids to private schools (as they have since preschool, during the time they also had a nanny) makes me upset.

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