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Private & Independent Schools
Reply to "FA shouldn't go to people with 1 million dollar houses"
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[quote=Anonymous]Actually, yes, that does bother me (different poster). I don't receive financial aid, I live in a modest house which is not walking distance to anything. But I certainly can swing the tuition. I'm high income ($200K a year). I am thrilled that we have kids at my son's school who would not be able to attend this school without aid. I'm thrilled that there are a lot of them. I am happy to help middle indome parents narrow the gap between their means and and the hefty expenditure of private school. I am not, however, thrilled about supporting the mortgage payment for a Georgetown row house for a family that makes more than I do. Financial aid is not just sitting in a magical pot. It is funded, and people have the right to hope that these funds are targeted toward those with need, just as we have the right to hope that any aid is targeted efficiently.[/quote]
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