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College and University Discussion
Reply to "What money is fair game for financial aid?"
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[quote=Anonymous]"My kids are not in college yet and will go to a state school that we did a prepaid for as we are responsible parents." Ergo, other parents aren't responsible? BS. My sister has 3 kids. She thought she'd have two. But surprise, twins! She's a school teacher in Texas in a district without a union. Her husband took off when he couldn't handle the stress of twins and is now a deadbeat dad who only pays $200/month total in child support that is supposed to help her feed all three kids, who are all teen boys btw and eat a ton of food. He remarried and they had a new house built in some dumb subdivision, so not hurting at all financially. Anyway, there is no way that she could afford to save enough money to put all three boys through college. She is just above the threshold to qualify for food stamps, for pete's sake. At least 3-4 times a year I need to send money to literally keep the electric company from turning off the lights. The only saving being done for her kids is by me and my sister. This is a full time, college degreed public school teacher. STFU with your "responsible parents" arguments. She had children when she was married and both parents had full time jobs. Whatever equity she manages to build up in her sad little house out in the county with a septic tank and chickens running around should not be seen as a resource for college. Hell, her public school system's health insurance has a $4,000 annual deductible. In other words, she pays out of her own tiny paycheck $4K before the insurance company kicks in its first dollar. That's about 10% of her income, post tax. Only an cruel anti-humanity idiot would say that she's an irresponsible parent for not having paid enough into some pre-paid tuition plan. Oh, and BTW DC parents don't have the option of paying into any such plan.[/quote]
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