Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
College and University Discussion
Reply to "Am I screwing us over for financial aid?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]For those who are currently in the middle of this (kids applying to colleges/ financial aid or with current college students), tell me your thoughts. DH is a gov employee (makes about $175,000), and I started out as a biglaw attorney but then significantly downshifted to a legal writing role for lower pay ($50,000) for many years while my kids were young. I've gone back to biglaw as college comes closer (first kid will go in 2 years) to rack up our savings. If we keep grinding, we could have enough to send both kids to any school they choose. However, I HATE my job, and it costs me quality time with my family. I've begun wondering if we'd stayed in a much lower income bracket ($225,000 combined income vs. $500,000+), if we may have qualified for aid at some of these more expensive private schools that are now offering essentially to give aid up to a family's demonstrated need. Am I wrong in second guessing? [b]Is $225,000 still too much to actually garner any aid?[/b] If we'd gone that route, we would have had essentially no savings aside from $150,000 per kid in 529 accounts and our retirement savings. I'm just dreaming of my old job and the better balance it gave me with family and worrying I gave up that life for essentially no benefit.[/quote] It depends on your “other” assets. We have a HHI less than half of that $225K and received no financial aid. [/quote] This is your answer. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics