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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][b]Financial aid is not supposed to be for average white kids living in 20816/20815 whose parents haven’t saved any money and don’t make enough to pay for the private school education they WANT for their kids[/b] and all the other stuff they want for their kids and themselves. Private school is not a right. So when I hear of family with kids on aid at multiple schools going to Nantucket for 2 weeks, I get frustrated. Because I would also like to go to Nantucket for 2 weeks but I cant afford it - because I’m paying for my own kids tuition and some of these people’s kids’ tuitions too. [/quote]

Well, the schools disagree with you. You keep asserting that financial aid is for very low income students, but schools routinely choose not to provide the full rides that those students would need in order to attend. Instead schools provide a few thousand per student, bringing the tuition down only to what regular UMC families can afford.

You need to stop thinking about FA as charity, and realize it's more like a Macy's coupon. Some people pay full price at Macy's because they didn't sign up or are buying something that doesn't qualify, but the majority of purchases are made for less than full price (and yes this affects where they set the full price). This is done to get people in the door and keep the sales volume up. Schools have similar incentives. [/quote]

Well I’ll be there shopping at Macy’s with coupons because I need to pay tuitions while many of the people I know getting aid will be shopping full price at Vineyard Vines. That is what got them to qualify for aid in the first place, versus suckers like us thinking that sacrifice and planning is the way to go. [/quote]

If you have not applied for financial aid, then yes I think you are a sucker. You are willing to take a coupon at Macy's but too proud to do it at school.

BTW, grandparents pay for our vacations so that we will vacation with them. Whatever trips you see my family taking (not fancy, in my case) are not coming out of my budget, which is quite tight even with subsidized tuition. [/quote]

It's more probable that the adults / kids shopping at vineyard vines and getting financial aid are being supported by grandparents who subsidize their lifestyle. Either that or they have small businesses they can use to hide income.

At least that's what happened at my private school I attended for 12 years. [/quote]

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