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Reply to "Finacial aid at 350K HHI with high mortgages and nanny"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't think it is fair that a family receive any aid unless both parents are working outside of the home full time! I don't think it is fair to calculate what they would be making into the equation. For example, if they had a career that had a low paying job then they made a choice to pursue a career that would not pay enough to send their child to private school. Many people hate their high paying jobs but endure them to pay for private school etc... I think it sends a bad message to those parents struggling to pay full tuition that someone that decides to not work can receive aid but calculating say $25,000 into their financial aid calculations as if they are working but they really are not when there are many of us that are in fact really working full time for that salary. I think Financial Aid needs to rethink this or it is not fair to those of us actually working full time and struggling to do so. [/quote] Actually the financial aid calculations do factor in the income producing potential of a stay at home spouse so they are not getting the free ride that you imagine.[/quote] Right but the posters point I think was that if you have someone that was in say social work then their potential earning us but that much. Therefore they get to not work and have a potential low income factored in. I think that if you choose a career that pays a low salary then you probably can't afford private school. We all make choices. Those that poured thousands into school and make a large income most likely can afford private but they have negative consequences for that choice as well. [/quote]
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