Reply to What HHI for financial aid?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am one of the OP’s with the 300k HHI and kids who get aid. I also think people need to realize that not everybody is getting 50% eight. Some people are getting $5000 a year per child. My general impression having gone through the process at multiple schools before deciding where to enroll our children was the financial aid office works hard to look at what a family can truly afford and give appropriate aid. We got the same package at multiple schools and I don’t think that was a coincidence. [/quote]

No offense but you are the exact reason people find financial aid to be outrageous.  That $5k in aid could be put to use in the school budget for meaningful improvements for the kids.  Instead it allows wealthy families that are cherry picked for aid to take an extra vacation or two per year.[/quote]

I’m not the pp, but $300k pre tax on 2 incomes in the dmv isn’t wealthy. [/quote]

Yup. People making $300K pre tax are taking home $200K post tax. And you think it's reasonable for them to be paying $120K of that $200K on tuition for 2 kids and living off $80K all-in. And you call that rich. Gotcha.

Just be frank that you don't want your kid around any kids whose parents aren't making $500K and be honest with all of us. [/quote]

That is rich.  Don't like it, go public.  Stop looking for handouts.[/quote]

The school wants to give me FA. I'm supposed to turn it down because you, an uninvolved third party, don't like the concept?

This doesn't involve you at all. If you think it does because you donate, feel free to earmark those donations differently or stop altogether. The school will still give out FA.[/quote]

Most expect it to go to true low income, not rich greedy people.  Get a second job,[/quote]

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