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Private & Independent Schools
Reply to "People with $1.2M+ homes and getting significant financial aid"
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[quote=Anonymous][quote=Anonymous]Are you all just now realizing this? Welcome to how financial aid works. The formula looks at the expenses and doesn't punish for poor financial decisions. That's why all flash and no cash people with high mortgages and car payments get aid while others in modest, paid off houses, beater cars, and no vacations don't. [/quote] And this is why people are contributing less or not at all because the formula is obviously not looking at the correct things and certainly not evenly. Why should a GS-12 family get to have a stay at home parent, live in a wealthy community and paying little to do so, get 90% financial aide, while a family with two working GS-11s pay for everything and then only get 40% financial aide. [/quote]
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