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Reply to "Parents giving up custody of their kids to get need based financial aid "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I would have totally done this for my children. My grad school loans have been a drag for almost a decade and I would do anything short of defined fraud to keep them from having loans. It is so typical to go into hysterics over a few people gaming the system while colleges jack up tuition rates past the point of affordability. No one owes our secondary education system any honor.[/quote] But it's taking money from people who actually need the aid. Do you also think it's ok use fake addressses to get into better elementary schools, in-state tuition, lower taxes?[/quote] ... fake your income to get rent control, fake your income to get approved for a mortgage, hide assets from medicare .... I could go on. [/quote] You already went too far. The examples you gave are illegal. In the example we're discussing, a court has certified that these children are educationally better off without their biological parents being guardians. A system's loopholes are reflective of the substance upon which a system is built. If people "game" the system and that leads to undesirable outcomes, it's unwise to blame those people who act rationally and do. Blame the system instead.[/quote] lol, no. these parents are going to be charged criminally, and their kids are going to have their admissions revoked. just wait and see. these were not authentic guardianship proceedings; they were shams. [/quote] Yup, the colleges these kids are at are pissed, because these well off kids took financial aid available to the poorest kids. That's fraud and theft--and, I wouldn't be surprised if there are disciplinary actions to the law firms involved, particularly the lawyer who gave up guardianship of his teenage son right before college.[/quote]
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