Reply to Are people secretive about their FA status at your private school?

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[quote=Anonymous][quote=Anonymous]I totally agree that it is the family's responsibilty to apply.  That for me is not the issue.  The issue is people who buy fancier houses than mine and get financial aid AND then the school tries to strong arm me into giving to FA.  I am definitely not complaining about my quality of life. I love my simple little house, we go on great vacations, have a good amount saved for retirement and college, etc, etc.  I have no objection to giving to students in poverty (I am the person above who helps a virtually homeless young person go to a boarding school), but I do object to helping UMC people who make different choices than I do with their money get FA.

(UMC here is defined as economists define it, not as how DCUM defines it[/quote]

Understood and that makes sense. I assume schools looks at optional debt and obligatory debt different. I also know that people have a way of describing their circumstances that are not completely reflective of the truth. For example, I live in a home that is between 3000-3500 sq feet. However, my mortgage is only $1,900 a month. We purchased a short sale home that needs a few repairs and we are in an area most would not want to live in because of the commute. At first impression it might seem like I'm living fancier than some who are full pay when in reality I'm not. My home is substantially cheaper than someone in a small condo in DC but my commute is longer. My point is, while I'm beginning to believe there are some who may know how to game the system, that most on FA sincerely cannot afford to full pay. I can only speak for myself but I would happily full pay if we had the income and we make a lot of financial sacrifices to pay the 75% that we do pay. [/quote]

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