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Reply to "Financial advisors who specialize in FAFSA etc?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP's rudeness rankles, but, as someone who attended college on near total FA (grants, merit, + loans), I'm annoyed when someone has enough money to pay an advisor to figure out how to save more money. Just feels like if you have the ability to pay, you should pay. I am now fortunate to be full pay for our DCs and we are going to pay. One got a modest merit award, so congrats to that DC. But I'm not going to pay someone to figure out how to game the system. And the folks who come on here with their modest incomes in addition to trust funds - they want aid to preserve their inheritance. I kinda get it, but you are really a minority when most folks with modest incomes don't have two nickels to their name. Strongly suggest you not share your hardship because it is gonna go over like a lead balloon. GL to everyone else trying to figure it out.[/quote] So they should turn it all over to Harvard with their $53 billion plus endowment and go back to living on their $90k salary with no more inheritance from their parents who died young?[/quote] Such a dumb post[/quote] How so? I changed some facts but based on real case. To be clear, the dead parents are the parents’ parents (applicant’s grandparents). If grandparents died after college graduation, the applicant would keep their inheritance but because grandparents died prematurely (but not tragically early), they lose almost all of it and then have to fully borrow for graduate school and end up with six figure debt. Restructuring the assets would lead to a different result. You’re telling me you wouldn’t do that?[/quote]
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