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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Those schools are losing hundreds of millions in cuts so I doubt they will give you anything.[/quote]

And their endowments have taken the same market hit as op. Plus they are eyeballing possible taxes on their endowments.

You can always ask, but I wouldn’t expect anything more than empathy. [/quote]
These schools need to stop forcing parents to subsidize other people and drops prices across the board[/quote]

during an accepted students yale info session, they said it costs them 140k a year per student. so everyone is subsidized to one extent or another. and full pay aren't paying for any other student. [/quote]Then they should raise the prices to $140k/yr , no finaid. let the market decide.[/quote]

Agreed. As a donut hole person I am very bitter about the whole thing. Made huge sacrifices my whole life to be fiscally responsible and save and I get nothing. People saved nothing to take fancy trips and drive ridiculous cars and have more kids than they can afford and they are getting money left and right. I don't think there should be allowances for multiple kids - shouldn't have had more kids than you could afford. I am more supportive of helping those who truly have need but that bar has crept up a lot. If you can't afford it, go to State U and let your the next generation prosper.[/quote]

I would love to see a whole new calculator:

Send us 7 years of tax returns. You have to have those anyway. So it's not really what you saved or didn't, it's what you could have. We'll take x% of income per year in the could have saved. That's box A

Then we'll use most recent tax returns for income. What you can cash flow. That's box B.

Then I dont care if your net worth is in home, car, retirement, vanguard, 529. that's up to you.  but just add it up, and colleges take 1%. That's Box C

Colleges will use A, B, C to figure out FA[/quote]

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