Reply to Does anyone actually care where someone, other than their child, goes to college?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think that society and the workplace need to change when it comes to this: Excellent students now pick in-state or lesser-known schools simply because of tuition costs. It doesn't mean they are less deserving. But it's still very much 45+yos hiring and that segment had it easier and cheaper so they do not all get it.[/quote]

Ivy was far cheaper than UVA in state for ours, and a little cheaper than the T16-20 ranked privates that gave DC aid. We get need based aid and ivies are a great deal. It is less than 25k per year for us. UVA gave us only a small amount of beed based aid. [/quote]

That's great but you knew that wasn't what I meant. A lot of kids are in that limbo of not qualifying for a lot or any aid and not having wealthy parents. [/quote]

Nope not buying it is “not having wealthy parents” when ivies give need aid to families with HHI in the low to mid 200s. Come off it that’s rich . Ok so 250-260+ is about the lowest HHI that can get some aid. So what?? That’s easily full pay level for one kid, and for many if you have half a brain and saved 20k each year for some years. And yes DMV and people like us in that range (upper 200s) are full pay and fine. Not poor. Not in limbo. We are rich. We just spend it on an ivy education because we know what the name of an elite college can do and we know the difference in education [/quote]

You sound quite angry about this.

Can you fix the Ivy school financial aid calculators then? I filled them out, and they all said they would give us no aid. But we earn very little. If I withdrew money from my 401K, I'd have to pay 10% to the government, which adds to the costs.

So, before you think about things only from your rich person pov, realize that other people have different situations...

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If my it’s and quit his job and we had my $200k salary only. We’d qualify.  I get bitter when I think - 1-parent working families are getting aid after 18 years of the kid’s life not working.  They should require both parents work and disperse aid after that. [/quote]

I doubt that is true.  I make less than you do from salary and my husband was laid off earlier this year and has not found a job since.  He ran the calculators and even without his income we don't get aid.  Maybe because of investment income-- or they look at assets beyond just annual income.  Something to think about-- it's maybe not just income that gets calculated when they determine aid.

Luckily we have $ saved up so that if the kiddo gets into an expensive school we should be able to pay for it even with "only" $150k income.

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