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College and University Discussion
Reply to "Do families with $250K in income get financial aid? If not, how do they afford college?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]we make about 275k and receive 40k in aid annually from princeton[/quote] People need to understand it’s about liquid assets. $$ in savings, 529s, CDs, brokerage accounts (other than 401k) will disqualify you from financial aid even from generous schools like Princeton no matter how low your HHI. [/quote] sounds like they punish excessive savers. :thumbup: [/quote] Yep. It’s effed up.[/quote] Yup. And they reward overspenders and people with expensive personal drama. Bankruptcies? Check. Divorces and multiple remarriages? Check.[/quote] +10000 [/quote]
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