Poor kids are less likely to go to college at all if they have to take out a lot of loans, so if this gets more poor kids into college and helps them get out of poverty, that's great.

Hope poor kids who get everything free will make their lives and their future families lives better, so they can pay for the future poor kids.

Anonymous wrote:

Anonymous wrote:Sucks. Maybe it will be a new branch of business for lawyers. Drafting official documents that legally declare a kid not a dependent on their parents. Then the kid would be poor. But then the parents couldn't declare them on taxes. What to do, what to do.

Pretty sure spending a lot of money on a lawyer to emancipate would make for an unconvincing argument for need.

It doesn't take a lot of money. It doesn't even necessarily take a lawyer (we're not talking about Lohan self-emancipating so that her mother and sister could become her dependents). I know several kids whose circumstances forced self-emancipation. There has been a SFAS form for this for years.

Anonymous wrote:Seriously? Middle class students can count on at least some support from parents adter they graduate, if only food and shelter during the summers. Lower income students cannot. And anyway, you are an idiot if you think cutting aid for lower income students does anything at all for other students.

+1 Lower income kids often exist in a different universe from the pampered lives of many middle class kids in this area. Nor do they have parents who can reach out to contacts to get them jobs.

Anonymous wrote:Sucks. Maybe it will be a new branch of business for lawyers. Drafting official documents that legally declare a kid not a dependent on their parents. Then the kid would be poor. But then the parents couldn't declare them on taxes. What to do, what to do.

Pretty sure spending a lot of money on a lawyer to emancipate would make for an unconvincing argument for need.

Anonymous wrote:

Anonymous wrote:The poor get everything, it just sucks to be middle class.

Hope this was sarcasm ...

Yes, hence the eye roll.

Pay for 4 years of college now or 20 years of prison later. Which would you choose?

Anonymous wrote:The poor get everything, it just sucks to be middle class.

Hope this was sarcasm ...

Seriously? Middle class students can count on at least some support from parents adter they graduate, if only food and shelter during the summers. Lower income students cannot. And anyway, you are an idiot if you think cutting aid for lower income students does anything at all for other students.

Wah wah wah. Complaining about something that has already been changed?

Anonymous wrote:

Anonymous wrote:Sucks. Maybe it will be a new branch of business for lawyers. Drafting official documents that legally declare a kid not a dependent on their parents. Then the kid would be poor. But then the parents couldn't declare them on taxes. What to do, what to do.

There's no legal loophole there. Pretty sure they're considered dependents for financial aid purposes until they are 26.

1. Not true. A child may emancipate, and there is a specific Federally-recognized process for establishing that one receives no material financial support from parents (except for intermittent housing, which does not necessarily count).

2. This whole business is unfair. But I also view it as a threat by UVA against those who should be funding it. The state General Assembly members from out in banjo territory keep slashing the UVA and W&M state funding levels. Time to show the miscreants what they are sowing.

Anonymous wrote:Sucks. Maybe it will be a new branch of business for lawyers. Drafting official documents that legally declare a kid not a dependent on their parents. Then the kid would be poor. But then the parents couldn't declare them on taxes. What to do, what to do.

There's no legal loophole there. Pretty sure they're considered dependents for financial aid purposes until they are 26.

The poor get everything, it just sucks to be middle class.

Sucks. Maybe it will be a new branch of business for lawyers. Drafting official documents that legally declare a kid not a dependent on their parents. Then the kid would be poor. But then the parents couldn't declare them on taxes. What to do, what to do.

I am glad they are rolling it back but how is it fair that low income students should graduate with no student loan debt?

Isn't every child low income if they are not supported by their parents?

I don't get it. How is it ok for someone to graduate with 50-80kk debt if their family is middle class and doesn't pay for their child's degree.

Won't the low income student and middle class student come to the work force with the same earning power but the low income is at advantage without any debt?

http://www.wtop.com/41/3415591/UVa-low-income-student-aid-to-include-loans