Anonymous wrote:Anonymous wrote:Anonymous wrote:I'm the 375k poster. There are financial issues. DH is non equity partner at Big Law. I'm SAH with 1year old. We both have big debt from undergrad and law school and bigger mortgage than we should - I am former associate at Big Law and we got house when out HHI was $500-$525.
I'm not blaming you, I blame the warped philosophy of an admissions/FA staff who thinks that your family is more deserving of aid than the "literally" thousands and thousands of families who make less than $80k a year and would love to offer their child the opportunities afforded to your child. Your kid would probably be fine in any school, those kids....they desperately need an opportunity, any opportunity. Your law school debt that you aren't even using somehow makes you a good candidate
For aid is truly laughable.
I'm not using the law degree now bc I made a decision to stay home with my children and we can live off DH's income. I don't think I deserved to be judged for those life decisions. And it's only 10%
Anonymous wrote:I firmly believe you could offer full ride scholarships to Andover boarding school to poor D.C. families and 99% of them would turn you down.
Anonymous wrote:Yeah, there really isn't a surplus of talented poor kids that can't get aid. Overwhelming majority of poor kids are 3-4 grade levels behind and/or their parents are suspicious of a "fancy" private school.
source: http://www.nytimes.com/interactive/2016/04/29/upshot/money-race-and-success-how-your-school-district-compares.html
Anonymous wrote:Anonymous wrote:I'm the 375k poster. There are financial issues. DH is non equity partner at Big Law. I'm SAH with 1year old. We both have big debt from undergrad and law school and bigger mortgage than we should - I am former associate at Big Law and we got house when out HHI was $500-$525.
I'm not blaming you, I blame the warped philosophy of an admissions/FA staff who thinks that your family is more deserving of aid than the "literally" thousands and thousands of families who make less than $80k a year and would love to offer their child the opportunities afforded to your child. Your kid would probably be fine in any school, those kids....they desperately need an opportunity, any opportunity. Your law school debt that you aren't even using somehow makes you a good candidate
For aid is truly laughable.
Anonymous wrote:I always sensed basically everyone at the school knew who the aid kids were because the school had a 'scholarship board' that was full of faculty and alums with kids in the school. It always seemed bizarre that "Tommy's dad" probably read "Dylan's" scholarship essay.
Anonymous wrote:Anonymous wrote:I'm the 375k poster. There are financial issues. DH is non equity partner at Big Law. I'm SAH with 1year old. We both have big debt from undergrad and law school and bigger mortgage than we should - I am former associate at Big Law and we got house when out HHI was $500-$525.
I'm not blaming you, I blame the warped philosophy of an admissions/FA staff who thinks that your family is more deserving of aid than the "literally" thousands and thousands of families who make less than $80k a year and would love to offer their child the opportunities afforded to your child. Your kid would probably be fine in any school, those kids....they desperately need an opportunity, any opportunity. Your law school debt that you aren't even using somehow makes you a good candidate
For aid is truly laughable.
Anonymous wrote:I'm the 375k poster. There are financial issues. DH is non equity partner at Big Law. I'm SAH with 1year old. We both have big debt from undergrad and law school and bigger mortgage than we should - I am former associate at Big Law and we got house when out HHI was $500-$525.
Anonymous wrote:Anonymous wrote:There was an article in the New York Times a few years ago about the underlying strategy elite and heavily endowed private schools use in making financial aid decisions. While schools provide financial aid to families of lower and middle income, they will also provide aid to higher income families based on certain life circumstances. While they can pay most of the tuition, there may be extenuating circumstances that prevent them from being able to pay full tuition. It is not as uncommon or "disgusting" as you think. Schools don't want to lose existing families who need some aid but not a significant amount. This is not unusual so get over it and yourself. The families don't go around telling people so they don't face ridicule from people like the PP.
that's fair, but the 375K poster didn't say he/she was facing some kind of life circumstance that made it hard for her/him to pay tuition. he/she said the school offered so why not take it.
Anonymous wrote:At our school you can tell who is on FA bu the smell of fast food. I ask myself why should I be paying for this person?