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][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 [b]these well off kids took financial aid available to the poorest kids.[/b]   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]

Yes, especially the MAP program in Illinois cited in the article. Only 5,000 students can qualify, and the aid is distributed first-come, first-served basis. You can bet these supposedly split-up families got their MAP requests in on the first day, leaving others who needed the help out of luck.

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+1  Fraud pure and simple.  But there are articles in every major newspaper about this naming names of the law firms and some of the parents involved, so hopefully that will serve as a deterrent (and perhaps the schools can sue to get the funds returned).[/quote]

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