Reply to MCPS competitive college acceptance very poor

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[quote=Anonymous][quote=Anonymous]Here are some facts to keep in mind. This debate keeps coming back.

Yes, Harvard offers FA for families with incomes up to $120k. But... 
- To get this generous Harvard FA, your kid has to get into Harvard.
- Harvard is the most generous college out there, besides the Curtis School of Music, that art school in NYC whose name I forget (and even that's changing, I hear), CalTech (although I'm not sure about that one) and is it Berea college in Kentucky, all of which offer full rides.
- Most college FA packages, including from most other Ivies, are less generous.
- Less generous means: these Ivies offer less grant aid, they offer a mix of loans with the grants, and families are helped up to levels that are much below $120k.
- For families with household incomes over $120k, FA won't be available unless you have other circumstances, like another sibling in college, or really high medical bills. To put this in DMV terms, a family with one government worker and a SAHM, or a family with both parents working at not-for-profits, is probably not going to get FA.
- And yet, a family with income of $120-200k is going to struggle to pay bills in the DMV area, while still saving for college.
- Merit aid from second-tier schools is starting to look really appealing![/quote]

You nailed it. [/quote]

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