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College and University Discussion
Reply to "In-state students from families earning less than $80K will be able to attend U.Va. tuition-free"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][b]They need to raise the max cap to $150K for families in NOVA.[/b][/quote] Confused. What are you talking about?[/quote] I'm not the person you quoted, but the cost of living in NOVA is significantly higher than the cost of living elsewhere in the state. Our combined HHI is close to $150,000. We do not take fancy vacations or live in a McMansion. We have one car. There is no way we could pay full cost of UVA, but it is also unlikely we will qualify for financial aid. (We have been saving in 529, fortunately.) It does feel a bit deflating however to know that one of us could have quit our job, and presumably have an easier time paying for college at UVA.[/quote] What makes you think you can't get any financial aid for UVA? [/quote] We might get aid, but there's a big difference between "some aid" and "tuition free"[/quote] Ok . . . but why should it be tuition free for a family making 150K? I'd rather pay something and make 150k than pay nothing and make 80k. UVA in state doesn't cost 70k a year, so you're still better off. [b]Check your privilege.[/quote][/b] NP - No, you button your mouth. You have no idea what you are talking about. The PP is, as we are, clearly a donut hole family. UVA doesn't make the financial determinations as to what low or middle income is or EFC (expected family contribution) - the U.S. Department of Education does through the filing of FAFSA. IT decides if a family gets any aid at all. UVA meets 100% of demonstrable need. However, what the ED/FAFSA people think is demonstrated need and what is real life are two very different things. Take PPs, example. If you are a family with HHI of $150,000, you first have to subtract taxes, which in our area takes you down to roughly $97,000. Then you have to subtract $33K if in-state for UVA or $62K if OOS . That suddenly drops your income to $64K or $35K. Do you have two kids in college at the same time? Now you are in the negative AND you have not yet begun to pay for mortgage, property taxes, car, car insurance, property tax, other kids' tuitions or school expenses, disability and life insurance policies, food, clothing, utilities. etc. That's why UVA is starting a program to help middle-income people @ $150K a year to afford UVA. So YOU check your privilege and run the numbers before you make such a naive comment.[/quote]
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