Reply to "free tuition for people making under $x" is problematic

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Reply to ""free tuition for people making under $x" is problematic"

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[quote=Anonymous][quote=Anonymous]We're parents of a junior with a HHI of just under 500 so not super invested in this, but every top school we've been to with programs like this does seem to have tiers. 200K and under is free, but there are discounts into the 300s.

Believe me, I've flirted with "what if I quit my sub-100K job" and even if we were able to disregard the bonus and stock part of my spouse's compensation to squeak in a large discount, it's a wash.

Seems totally fair to me. [/quote]

This. The headline will say "free tuition under 150k" but the reality is usually a stepped system so families pay increasingly more as their incomes go up.

I do agree we need a better solution overall because the system seems to punish families who save. So for instance, we forgo vacations and new clothes and cars to save for college -- it seems crazy to me that a family with a similar income to ours would get more aid because they spent more of their income on fun stuff instead of saving. In recent years, though, that "aid" has been in the form of loans, which we want to avoid, so I didn't mind. But now we're talking about the burden of loans and more schools are moving towards grants, so the problem returns.

Tho with private schools -- they are going to do what they want. If we had a good public university system that was genuinely affordable even to families with few (or any) assets, I wouldn't care what privates did. A lot of this is driven by public schools getting more and more expensive.[/quote]

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