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College and University Discussion
Reply to ""free tuition for people making under $x" is problematic"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Fyi, Be careful about making assumptions. We earn 160 and received NO aid. From an ivy school that promises full aid to families up to 200k. We own our home and our 'assets' were deemed too high. We don't live a lavish lifestyle and drive an 8 year old honda. Yes, we have some saved for retirement and 529. But we are older (age 55/60) and this is our last kid. Seems that responsibility is a penalty. We didnt expect a lot, but thought we would get something, maybe 10? 15?. The full rejection was a surprise. So we will continue to deplete our assests amd try for aid again next year...[/quote] This is us (and with HHI even a bit lower but probably in a lower COL area). No aid. No real complaints and would not have changed our approach but it does sting just a bit. Good thing both kids got/get merit! So proud of them.[/quote] [b]We are on the same boat, more or less.[/b] My oldest kid attends a college of WASP, we pay less than 20 a year. There were two other elite colleges who offered similar aid but we chose the best fit. My second kid is also applying to elite colleges who offer generous aid. We’re tremendously grateful for the opportunities. My oldest kid is determined to pay back to the college after graduation.[/quote] Re-read the threads you are replying to. I think you are in a very different boat than the posters you quote, given than neither of them receives need based financial aid and you are paying less than $20k a year.[/quote]
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