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Reply to "What does "we meet 100% of demonstrated need" really look like in numbers? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If your HHI is $200k and you have $500k+ home equity you should be full pay.[/quote] What should home equity have to do with it? Are you expected to borrow against your home? [/quote] Yes, because otherwise you’d be encouraging people to shelter (no pun intended) their wealth in real estate. Money is money, whether you choose to put it in your house or the stock market. [/quote] Except your home is not a liquid asset. [/quote] Correct. That's why some parent(s) opt for a more modest home to ensure that they have more liquid assets.[/quote]
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