Reply to Sorry DCUM middle class, your kids are screwed for college

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]FAFSA  previously benefitted those who went on extravagant vacations and penalized those who scrimped to save. Not sure how new FAFSA works.

My friend ended up quitting her $70k  job 5 years before her kids went into college - they did the math with a financial planner and if all 3 of her kids were going to college determined they would almost all get a free ride without her salary and they could rely on her husbands only. She picked up off the books babysitting work and now with 3 kids in college figure they are ahead at least $200k by her NOT working.

Crazy…[/quote]

Someone always “has a friend” or “knows a guy” (it’s never them) who scams their way into free college and yet even though it’s so simple tens of thousands of people a year are not doing this perfectly legal trick.

It’s like the mythical welfare people buying lobster with food stamps or collecting benefits in a Cadillac (does not happen 99.999999999% of the time).

[/quote].

I am the poster who posted this. We also ran the numbers in our house and DH makes $25k too much for us to pull the same thing off. We ran our numbers through two separate counselors and it pretty much confirmed exactly what my friend said. We live in the metro area so can’t pull that off. She is in the middle of nowhere PA and can pull it off living on $120k plus $ on the side from babysitting.

So if you don’t live in DCUM or metro regions you can in fact pull it off.[/quote]

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