Anonymous wrote:Back to the point about how the kids feel. We are solidly middle class and DC goes to Sidwell and is now a Sr. DC and I have talked about not having the money of others many times, and it is really not has never been a problem. DC has been included in lavish parties in Georgetown and to simple backyard picnics with smores. DC's friends are in all different economic brackets. My US the kids form groups of friends based on shared interests and personalities. I really don't see money as a big factor day to day, and the parents I have gotten to know don't seem to care either. I know people on this forum sneer at the idea at Quaker values at Sidwell but they really do exist, at least in the US. If a kid bragged about fancy vacations or owning an expensive cars, they wouldn't many friends. Of course the rich kids have these things but in my experience they downplay it.
Anonymous wrote:I disagree that it gets worse. It changes in high school when the FA kids are the smartest and the legacy kids are complete dingbats.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I don't understand why you'd object to people with fancier degrees and grad school who qualify for FA. I'm the PP who posted about the research scientist example who works at NIH ($100K) with a spouse who works for legal aid and makes $50K. Are you really going to begrudge them for their career choices?
I don't see why they should get FA.
When they made their career choices, they also chose not to be able to send their kids to expensive private schools (or own million dollar homes, or drive supercars, or travel overseas frequently, etc.).
If you disagree so strongly with the school, you should take a stand and refuse to send your children there. Send a strongly worded letter telling them you refuse to enroll your children until they stop giving out financial aid.
Anonymous wrote:Anonymous wrote:I don't understand why you'd object to people with fancier degrees and grad school who qualify for FA. I'm the PP who posted about the research scientist example who works at NIH ($100K) with a spouse who works for legal aid and makes $50K. Are you really going to begrudge them for their career choices?
I don't see why they should get FA.
When they made their career choices, they also chose not to be able to send their kids to expensive private schools (or own million dollar homes, or drive supercars, or travel overseas frequently, etc.).
Anonymous wrote:Anonymous wrote:I don't understand why you'd object to people with fancier degrees and grad school who qualify for FA. I'm the PP who posted about the research scientist example who works at NIH ($100K) with a spouse who works for legal aid and makes $50K. Are you really going to begrudge them for their career choices?
I don't see why they should get FA.
When they made their career choices, they also chose not to be able to send their kids to expensive private schools (or own million dollar homes, or drive supercars, or travel overseas frequently, etc.).
Anonymous wrote:Anonymous wrote:Anonymous wrote:Dh is in biglaw but is a senior associate, not a partner. We will most likely be full pay assuming ds gets in, but we will fill out the financial aid paperwork anyway.
My understanding is that full pay families are NOT subsidizing financial aid, but that the actual cost to the school per student is higher than the published tuition cost. It is the donors who donate beyond tuition who are subsidizing everyone else.
I don't get the hate for pp - we are comfortable with our choices so anyone else making different choices just doesn't even hit my radar. Schools give FA and that's what it is there for. An attorney choosing to work for DOJ or whatever is a world away from some deadbeat parent working under the table so they don't have to pay child support.
It shocks me that a senior associate in BigLaw would apply for FA. I hope any school would deny it. You should be ashamed to apply for FA with that income. DH and I combined make the same as one senior associate (with both of us working full-time) and we stretch to pay full tuition. (I used to work in BigLaw and so I know the salaries.)
Nope, not ashamed. Sad that even on this salary we will struggle with full freight (40k/per kid) but it is what it is. We don't live in the DC area - housing would be much less expensive there and housing is what kills us here. We have old cars, don't take fancy vacations. We could technically do $40k/yr on just salary but there would be no savings whatsoever. Would be able to keep the 401k but not fund IRAs.
We live in an area with extreme wealth and if dc were offered FA we would accept it gratefully. I have heard of others in our situation who were given generous aid packages.
Anonymous wrote:Anonymous wrote:I don't understand why you'd object to people with fancier degrees and grad school who qualify for FA. I'm the PP who posted about the research scientist example who works at NIH ($100K) with a spouse who works for legal aid and makes $50K. Are you really going to begrudge them for their career choices?
I don't see why they should get FA.
When they made their career choices, they also chose not to be able to send their kids to expensive private schools (or own million dollar homes, or drive supercars, or travel overseas frequently, etc.).
Anonymous wrote:I don't understand why you'd object to people with fancier degrees and grad school who qualify for FA. I'm the PP who posted about the research scientist example who works at NIH ($100K) with a spouse who works for legal aid and makes $50K. Are you really going to begrudge them for their career choices?
Anonymous wrote:Anonymous wrote:Dh is in biglaw but is a senior associate, not a partner. We will most likely be full pay assuming ds gets in, but we will fill out the financial aid paperwork anyway.
My understanding is that full pay families are NOT subsidizing financial aid, but that the actual cost to the school per student is higher than the published tuition cost. It is the donors who donate beyond tuition who are subsidizing everyone else.
I don't get the hate for pp - we are comfortable with our choices so anyone else making different choices just doesn't even hit my radar. Schools give FA and that's what it is there for. An attorney choosing to work for DOJ or whatever is a world away from some deadbeat parent working under the table so they don't have to pay child support.
It shocks me that a senior associate in BigLaw would apply for FA. I hope any school would deny it. You should be ashamed to apply for FA with that income. DH and I combined make the same as one senior associate (with both of us working full-time) and we stretch to pay full tuition. (I used to work in BigLaw and so I know the salaries.)
Anonymous wrote:I disagree that it gets worse. It changes in high school when the FA kids are the smartest and the legacy kids are complete dingbats.