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College and University Discussion
Reply to "Brown eliminates tuition for families up to $125K and removes home equity in the FA equation"
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[quote=Anonymous][quote=Anonymous]There are many people living in total poverty in SE and NE DC who have inherited properties which are now worth >$500K thanks to the real estate uptick. This is for kids like this. Their parents don't work so there is zero money for college, especially an expensive place like Brown but they're penalized in college aid because of the worth of the house. They can't sell the house or they'd be homeless. This will level the playing field for these kids. I work as a caseworker in DC. I can think of hundreds of kids who are in this situation. [/quote] Those families are an entirely different situation and they'd probably get aid either way as they look at income given they deserve the aid.. The issue is really families who are living above their means making far more and choose million dollar homes vs. lower cost and saving for college.[/quote]
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