Reply to How much do you put into your kids' 529 (college fund) annually?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Just wondering for all these people that went to college "for free" - scholarships, etc. - how much were your parents making?  I know for me, living in the DC area with 2 gov't employee parents, we didn't qualify for ANY need-based aid.  Most of the very best schools weren't offering merit-only aid.  So it was either pay full-tuition at a good school or go to a mediocre school with some merit aid.  I would imagine that if the financial aid landscape has not changed too much, many DC area dual income families make too much to qualify for need-based aid.  So I guess you are counting on your kids getting merit aid?[/quote]

I was wondering the same thing. I grew up in a different region, a rural area, and my parents had a HHI of about $60,000. I received full merit scholarships to several schools, but the financial aid packages were totally insufficient on their own. I'd imagine it's even harder for a student in this intellectually competitive area of the country to receive a merit-based award.[/quote]

My experience was very different - HHI of 60k in the early '90s, and I'm an only child.  I got significant need-based aid from Harvard, and slightly lower but still fairly generous aid packages from a couple of top LACs.  I did graduate with a small amount of debt, but it was not burdensome.[/quote]

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