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College and University Discussion
Reply to "Financial aid if you own a house but don’t live in it"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP - call the financial aid office of the school (s) you are interested in to find out how they calculate financial aid for your specific situation. And if you don't like the answer, move on. Nothing in life is fair. I'd rather be in your position (of having significant equity in my home) than that of a family who has rented their entire lives in a squalid apartment because they can't afford a home of their own. Do you think you deserve more financial aid than they do?[/quote] Of course I don’t think I deserve that. I would assume that family has lower income than mine, since my income would stretch to renting a decent apartment. I would like to think that my kid deserves the same opportunity as a family of a similar size with a similar income and similar savings who is doesn’t face an emergency situation that requires them to live outside their home. [/quote] All kids deserve the same, but that's not how life works. Ours will go to state schools. There is also community college.[/quote]Cmon, why stop there? There is also flipping burgers ....[/quote]
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