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]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,[b] hide assets from medicare .... I could go on[/b]. [/quote]

You went on too far, medicare has no connection to assets. [/quote]

I think PP is talking about Medicaid, and what some people resort to for nursing homes care.  Here's the thing:  the system is going to be forced to change, in all aspects, very soon - it will be top heavy, and that will cause a collapse, inevitably.  You can't work the system forever. Colleges and the federal government will be forced to dig deeper, then the gamers are screwed.  I hope we see it when (not if) it happens.[/quote]

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