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Reply to "Just Curious: Post if you have a Masters, Law or MD and your parents did not pay for college "
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[quote=Anonymous][quote=Anonymous]Yes, I understand the value of money, but setting the expectation that you must work , when deep down parents will CYA, including getting you that govt job for $8/hr, is very different from saying to a 17 year old straight A student: no, we will not help a dime, we will not co- sign, and, no, we will not give up claiming you as a dependent because you owe us for room and board the past few years since I married your mom. Now, get out on good luck.[/quote] I doubt there is an income even approaching 1 million because AMT would phase out the personal deduction and so step parent would have little to gain by continuing to claim said student. I am sure it does alter the financial aid website at much lower levels. Profile schools require non custodial parent info either way.[/quote]
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