Reply to People with $1.2M+ homes and getting significant financial aid

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]There shouldn’t be financial aid for private schools to begin with.  The problem here (though really 1.2M for a house they may not own isn’t that egregious) illustrates that.  If you can’t pay, you can’t go.  There’s a free option.  [/quote]

It is egregious.  [b]Many of us bought houses at $400k or less [/b]so we’d have the flexibility.  Why should someone overspending be rewarded while those in their means get nothing.  [/quote]

All this means is you lived here and had money when a house could be bought for 400k. People who moved later,  couldn't buy then, divorced later, etc are just SOL in your world?

If you think people are lying about their assets, say that. My school knows my income and where I live. They use that information to decide who gets aid and they decided to give me some. Sorry you don't like the informed decision somebody else made. [/quote]

There are still houses for $409-600, just not in the areas you want to live in.  It’s tacky.  [b]That money should go to families who need it. [/b] You have two kids in private, expensive house and nice lifestyle plus your kids get supported by their dad too.  [/quote]

But that’s the thing, nothing is stopping families who need it from applying. Everyone can apply for FA.

Except that for many of those who really need it, even a 50% scholarship is still unaffordable. So when a school gives a 30% or 50% scholarship on 40K tuition, who do you think can still afford to pay 20-30K? That’s still a lot. Should the school give 2 scholarships at 100% vs 6 at 30? That s a school decision and something that the school decides based on their own criteria and factors.
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These schools hype up how much they do but they don’t.  They should have full rides for very low income families.  The diversity thing is a joke. [/quote]

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