Reply to “ED is to locked down full payers”

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Very few schools are completely need blind.  [/quote]

Also, ED is not an option for those who need merit aid to attend, i.e. those who neither qualify for need-based aid nor can pay full freight.[/quote]

Merit aid families often have the money to pay, at least for a state school but the parents choose to spend their money in other ways expecting help for college.  It's pretty shocking ot see families making $250+ having such high expectations for aid.  Schools should base it on need.[/quote]

Let’s rephrase this…

1. It’s pretty shocking to see well endowed universities and the USGovernment judge a family as “not needing” aid regardless  of the local cost of living. $170k in Paducah, Kentucky or Bethlehem, PA? Ok. $170k in decent commuting distance to Manhattan or DC or San Jose? C’mon, not the same thing at all!

2. It’s pretty shocking to see universities ignore high medical expenses (tens of thousands of dollars) and deny aid.

3. It’s pretty shocking to see Billion dollar endowments growing tax-free while “donut hole” families are told to stop their retirement contributions, setting up possible old age poverty for the parents while writing off huge expenses for fancy university.

4. It’s pretty shocking to see universities host free open bars for alumni while denying aid to people caught in the donut hole of high medical expense, high cost of living area, and responsibilities to support their elderly parents.

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