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College and University Discussion
Reply to "Parents giving up custody of their kids to get need based financial aid "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]There are many people who get zero support from their families for college who can't get any type of financial aid because of their parents' income. Once they are over 18, even if they pay all their own expenses, there is no way (other than getting married) to not have their parents' income considered for financial aid purposes. If I were in that boat, I'd try to get declared independent of my parents before I become 18. If they aren't paying for me once I move out, I don't consider it fraud. If the government feels so strongly that parents should pay, count their support and garnish their wages for their deemed portion. It's not fair to not do that and then attribute income to students who don't see a dime.[/quote] They are paying for their kids health insurance during college, and few moved out. They are not independent [/quote] In the cases in the article, but there are many students who don't get any support and are still burdened with counting their parents' income.[/quote] Well yeah ... our higher ed finance system generally views parents as having the responsibility to help pay for undergrad until the child is 24. There are a lot of messed up things about college costs, but I can't really get that exercised about this one. For really extreme cases (abuse) individual financial aid officers can override the policy. [/quote] Then they should force parents to pay by garnishing their wages if they really think parents should pay. A 21 year old who has worked and supported himself for three years with zero support from his parents and want to go back to school is saddled with their parents income unless there is abuse. That's ridiculous. But of course you have no empathy for such a person because that's not your situation. [/quote]
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