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Reply to "FA shouldn't go to people with 1 million dollar houses"
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[quote=Anonymous]The fact is that rich people are good at keeping their money. I've found that the more money someone has, the more likely they are to have "forgotten" their wallet when I'm with them at a restaurant. So, when it comes to financial aid, I have no trouble believing that the family in this Georgetown rowhouse has structured things to avoid taxes and reduce their expenses as much as possible. Maybe the house and money is held by the grandparents, leaving the parents with, in fact, little assets on paper. There are countless possibilities. For me, the decision is this: If I feel that the school effectively manages financial aid, I am more likely to contribute to the annual fund. It's free choice. And, I'm paying full tuition. By choice.[/quote]
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