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Reply to "People with $1.2M+ homes and getting significant financial aid"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Finaid formulas at Ivy League colleges can easily generate 100% grant aid for people in $1MM+ homes — it’s highly focused on income and generous with primary home values and 401k balances. So why are you expecting these secondary schools to view things so differently?[/quote] Yes, I expect aid to go to students who need it, not for greedy entitled parents who live far better than us. We live in a crappy little house, one car we purchased, one 18 year old handy down car and haven’t had a vacation in 5 years. Zero debt. DIY almost everything. Yes, I’d expect a family like us a priority over single mom in a house worth 2-3 times ours. V[/quote] Did you apply for aid and not get any? Or, as is more typical, did you not apply but you're mad someone else did? If the school reviews all the applications and decides who gets aid, how are the recipients taking anything away from others? The school could have given it all to one person, or no one. They didn't. [/quote]
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