Reply to FA shouldn't go to people with 1 million dollar houses

Forum Index » Private & Independent Schools

Reply to "FA shouldn't go to people with 1 million dollar houses"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]So I have an expensive house, but it is not a 6 bedroom mansion.  It barely fit us.  The appreciation comment is spot on, my house kept going up in value and I was able to tap some of that appreciation to pay tuition.  Not sustainable, but don't lecture me about living beyond my means.  It is DC after all and homes and the cost of living is expensive.  Not NYC expensive but expensive.

I coud sell, pay off the mortgages and rent for about what I pay for my mortgage(s).  I could stay and hope the house goes back up in value.  It is not under water but there is no more room for leverage mostly because I would likely not qualify to have additional debt (both the value and the mortgage as well as my ability to pay).

My kid goes to a generous school.  Some people may know we get help, some may not.  It is indeed private, or at least supposed to be, but I certainly don't hide it nor do I flaunt it.  I appreciate it.

I have a good job and a good house.  But I also have other expenses that are not perhaps known to gossipy moms seeing where we may vacation (we don't).  I have an old broken down car.  We have sacrificed so much to pay our share of the tuition (like no college savings at all, foregone house repairs, wear hand me downs, no new clothes, cut coupons, have had garage sales to raise money, cut our own hair, don't go out, never go to the movies anymore for example, have cut out our land line, anything we can do to save or cut...and on and on).  So you can think whatever you want about me on my expensive (but not so nice) house and my cushy job and think I am gaming the system.

I cant believe that you think you can know who gets aid, how much and exactly what someone's situation is.  As mentioned before, if you don't like it, then volunteer your time and try to effectuate change so that your school no longer gives aid to those they deem needy but those that the parents do.   [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics