Reply to Are top private colleges mainly for poor people now?

Forum Index » College and University Discussion

Reply to "Are top private colleges mainly for poor people now?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You’re free to quit your job if being poor is so awesome. *Crickets*[/quote]

I suspect a lot of families do somehow game the financial aid system this way. Like maybe one parent stops working. Getting 320k of aid bears a pre tax income of 80k or whatever [/quote]

This is what I was thinking of all the many families that own their own businesses, are consultants ...  There are probably so many ways to adjust your income with expenses that it shows you're making way less than you really are.[/quote]

My college roommate was getting a full ride, family owned a restaurant, they dropped him off in a fancy Lexus sedan (this was the 90s).  My parents were teachers, had to take a lot of loans.  Drove an Oldsmobile.[/quote]

Seems like your roommate was probably getting merit aid since back then schools weren’t as interested in meeting full need with grants, as evidenced by your parents’ situation.  [/quote]

It was Ivy so no.  His family just must have had low reported income and assets.  That was the point.  FAFSA can be gamed just as taxes can esp by business owners.[/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