Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“$400k in a high cost area with 3 kids in college (which gives you no discounts) is a big struggle to pay $80-90k/year for each kid”

Cry me a river 🙄

Easy to say when someone else is paying your bills.

Nobody else is paying my bills, what are you babbling about?

If your kid is getting need-based aid, that’s exactly what’s happening. The classmates paying rack rate are subsidizing your kid’s education. They ARE paying your bills.

You sarcastically wrote “cry me a river”, right? That’s what was responded to. Who would say that other than someone dismissing the complaint of those paying full price?

bitter much?

Yeah, of course. Why are you unable to pay your own bills, or else send your kid to community college?

Why am I paying for your kid?

Do you really think poor kids shouldn’t be able to go to college? That’s a fascinating take. You are a villain.

No, of course not.

Do you really think they are too good for community college or public institutions? They can only go T20?

Poor families can’t pay full freight at public universities, either. I know because I grew up poor, got financial aid at a UC, and took the rest out in loans that I paid off myself. There’s no way my parents could have paid even the $12k per year or whatever it was back then. I’m lucky enough to be a comfortable earner now and I would never object to low-income kids being subsidized at whatever school my kids end up attending.

And no, I don’t think that all low-income, high-achieving kids ought to miss out on the chance to go straight to a 4-year school.

That sounds well and good, but tell me where your feelings would land under an alternative fact pattern:

Your three kids have higher tests scores, more rigor in their transcript, greater depth and breadth on their ECs, and the same GPA - but because of their apparent misfortune of attending a highly competitive public HS, their college applications are overlooked for kids with lower test scores, less rigor on their transcript, lesser depth and breadth on their ECs, and the same GPA at a much less competitive public HS where they are the “big fish in small pond”. So the low income kids are often starting out at better institutions than your kids.

Then, you’re looking at paying an average of $90K per year for each of your three kids to go through, let’s say Duke, Hopkins, Macalester. All three would have been viable at T10 schools but for the fact that the HS cohort they were compared against was exceptional. Class of 2027, Class of 2029 and Class of 2031. Over that 8 year period, you’ll be incurring a cost of $1M+.

The low income kid is paying nothing - again, often at better institutions leading to better career prospects, typically.

Are you really cool with the process as it stands now, under that kind of a fact pattern for you?

The colleges my daughter applied to had no idea what our income was (filled out zero financial forms) and she was awarded a lot of aid at many of them.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“$400k in a high cost area with 3 kids in college (which gives you no discounts) is a big struggle to pay $80-90k/year for each kid”

Cry me a river 🙄

Easy to say when someone else is paying your bills.

Nobody else is paying my bills, what are you babbling about?

If your kid is getting need-based aid, that’s exactly what’s happening. The classmates paying rack rate are subsidizing your kid’s education. They ARE paying your bills.

You sarcastically wrote “cry me a river”, right? That’s what was responded to. Who would say that other than someone dismissing the complaint of those paying full price?

bitter much?

Yeah, of course. Why are you unable to pay your own bills, or else send your kid to community college?

Why am I paying for your kid?

Do you really think poor kids shouldn’t be able to go to college? That’s a fascinating take. You are a villain.

No, of course not.

Do you really think they are too good for community college or public institutions? They can only go T20?

OK, so you don’t think poor kids belong at private universities or especially top universities?

Those are the "meets full need" institutions. But most poor kids are not even in the running for them, so no worries.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“$400k in a high cost area with 3 kids in college (which gives you no discounts) is a big struggle to pay $80-90k/year for each kid”

Cry me a river 🙄

Easy to say when someone else is paying your bills.

Nobody else is paying my bills, what are you babbling about?

If your kid is getting need-based aid, that’s exactly what’s happening. The classmates paying rack rate are subsidizing your kid’s education. They ARE paying your bills.

You sarcastically wrote “cry me a river”, right? That’s what was responded to. Who would say that other than someone dismissing the complaint of those paying full price?

bitter much?

Yeah, of course. Why are you unable to pay your own bills, or else send your kid to community college?

Why am I paying for your kid?

DP: Most likely, when my kid attends college, I will be "subsidizing." I am not bitter about it. I don't understand people like you. You are doing well, able to afford to pay for your kid's education, and you resent someone who doesn't have money/less financially successful. Like you want to trade places so you can pay less tuition?

Bingo! None of these folks are moving zip codes and inhabiting the homes of the folks on full or near full aid. They just aren't. Believe you me - no one I knew in college was clamoring to live in a 2.5 BR, 1 BA ramshackle farmhouse where four siblings had to share 1 BR. They just weren't.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“$400k in a high cost area with 3 kids in college (which gives you no discounts) is a big struggle to pay $80-90k/year for each kid”

Cry me a river 🙄

Easy to say when someone else is paying your bills.

Nobody else is paying my bills, what are you babbling about?

If your kid is getting need-based aid, that’s exactly what’s happening. The classmates paying rack rate are subsidizing your kid’s education. They ARE paying your bills.

You sarcastically wrote “cry me a river”, right? That’s what was responded to. Who would say that other than someone dismissing the complaint of those paying full price?

bitter much?

Yeah, of course. Why are you unable to pay your own bills, or else send your kid to community college?

Why am I paying for your kid?

Do you really think poor kids shouldn’t be able to go to college? That’s a fascinating take. You are a villain.

No, of course not.

Do you really think they are too good for community college or public institutions? They can only go T20?

OK, so you don’t think poor kids belong at private universities or especially top universities?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“$400k in a high cost area with 3 kids in college (which gives you no discounts) is a big struggle to pay $80-90k/year for each kid”

Cry me a river 🙄

Easy to say when someone else is paying your bills.

Nobody else is paying my bills, what are you babbling about?

If your kid is getting need-based aid, that’s exactly what’s happening. The classmates paying rack rate are subsidizing your kid’s education. They ARE paying your bills.

You sarcastically wrote “cry me a river”, right? That’s what was responded to. Who would say that other than someone dismissing the complaint of those paying full price?

bitter much?

Yeah, of course. Why are you unable to pay your own bills, or else send your kid to community college?

Why am I paying for your kid?

Do you really think poor kids shouldn’t be able to go to college? That’s a fascinating take. You are a villain.

No, of course not.

Do you really think they are too good for community college or public institutions? They can only go T20?

Poor families can’t pay full freight at public universities, either. I know because I grew up poor, got financial aid at a UC, and took the rest out in loans that I paid off myself. There’s no way my parents could have paid even the $12k per year or whatever it was back then. I’m lucky enough to be a comfortable earner now and I would never object to low-income kids being subsidized at whatever school my kids end up attending.

And no, I don’t think that all low-income, high-achieving kids ought to miss out on the chance to go straight to a 4-year school.

Anonymous wrote:Yes. Sophisticated enrollment management knows that a 20k merit award moves the needle a lot more for families making 200-300 than for families making 2-3mm. Merit is used for yield so .. of course it matters.

+1

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“$400k in a high cost area with 3 kids in college (which gives you no discounts) is a big struggle to pay $80-90k/year for each kid”

Cry me a river 🙄

Easy to say when someone else is paying your bills.

Nobody else is paying my bills, what are you babbling about?

If your kid is getting need-based aid, that’s exactly what’s happening. The classmates paying rack rate are subsidizing your kid’s education. They ARE paying your bills.

You sarcastically wrote “cry me a river”, right? That’s what was responded to. Who would say that other than someone dismissing the complaint of those paying full price?

bitter much?

Yeah, of course. Why are you unable to pay your own bills, or else send your kid to community college?

Why am I paying for your kid?

Do you really think poor kids shouldn’t be able to go to college? That’s a fascinating take. You are a villain.

You think a family making $400k is poor?

What? No. Read the thread.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“$400k in a high cost area with 3 kids in college (which gives you no discounts) is a big struggle to pay $80-90k/year for each kid”

Cry me a river 🙄

Easy to say when someone else is paying your bills.

Nobody else is paying my bills, what are you babbling about?

If your kid is getting need-based aid, that’s exactly what’s happening. The classmates paying rack rate are subsidizing your kid’s education. They ARE paying your bills.

You sarcastically wrote “cry me a river”, right? That’s what was responded to. Who would say that other than someone dismissing the complaint of those paying full price?

bitter much?

Yeah, of course. Why are you unable to pay your own bills, or else send your kid to community college?

Why am I paying for your kid?

Do you really think poor kids shouldn’t be able to go to college? That’s a fascinating take. You are a villain.

No, of course not.

Do you really think they are too good for community college or public institutions? They can only go T20?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It would be nice if it was mainly need based. It's absurd for a family who makes $400-900K or more who can afford it to get aid while other kids have to struggle and take out loans or cannot attend due to cost. Or reduce the cost for everyone and make things more affordable.

$400k in a high cost area with 3 kids in college (which gives you no discounts) is a big struggle to pay $80-90k/year for each kid which is the cost of private universities/ivies. It would be well over $1 million.

But, hey, if HHI were $150k (which is a lot of $ in low cost areas where SFHs aren’t 750k-1 million +) like the DMV, those 3 kids coins go for free and come out with zero loans.

You have to remember most people weren’t making that $400k when their college kids were babies/young. The salary rose slowly over time.

Are you in lala land. Three kids is a choice and on $200k you pay for state school like the rest of us and live in a $400k house not million in dollar house. You sound entitled. We live in a crappy little house, don’t take vacations and are very careful to save for college.

I’m a NP and following since I have a 10th grader. There aren’t any 400k houses in many areas. That can’t even get you a condo here. Our 1M house is a fixer upper that we didn’t fix up. We could move way out to a less expensive area but then we either need different jobs where we wouldn’t make our salaries or have a huge commute of 1.5 hours each way with traffic. Our HHI is about 400k and it’s good to know we might skip the fafsa.

Most people do that commute to afford things like college. Since you don’t have the commute you have that time to get a second job.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It would be nice if it was mainly need based. It's absurd for a family who makes $400-900K or more who can afford it to get aid while other kids have to struggle and take out loans or cannot attend due to cost. Or reduce the cost for everyone and make things more affordable.

$400k in a high cost area with 3 kids in college (which gives you no discounts) is a big struggle to pay $80-90k/year for each kid which is the cost of private universities/ivies. It would be well over $1 million.

But, hey, if HHI were $150k (which is a lot of $ in low cost areas where SFHs aren’t 750k-1 million +) like the DMV, those 3 kids coins go for free and come out with zero loans.

You have to remember most people weren’t making that $400k when their college kids were babies/young. The salary rose slowly over time.

Are you in lala land. Three kids is a choice and on $200k you pay for state school like the rest of us and live in a $400k house not million in dollar house. You sound entitled. We live in a crappy little house, don’t take vacations and are very careful to save for college.

I’m a NP and following since I have a 10th grader. There aren’t any 400k houses in many areas. That can’t even get you a condo here. Our 1M house is a fixer upper that we didn’t fix up. We could move way out to a less expensive area but then we either need different jobs where we wouldn’t make our salaries or have a huge commute of 1.5 hours each way with traffic. Our HHI is about 400k and it’s good to know we might skip the fafsa.

Them you move to where there are. Plenty here, just not where you want to live. So, why do you deserve aid when you choose to live in a million dollar house?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“$400k in a high cost area with 3 kids in college (which gives you no discounts) is a big struggle to pay $80-90k/year for each kid”

Cry me a river 🙄

Easy to say when someone else is paying your bills.

Nobody else is paying my bills, what are you babbling about?

If your kid is getting need-based aid, that’s exactly what’s happening. The classmates paying rack rate are subsidizing your kid’s education. They ARE paying your bills.

You sarcastically wrote “cry me a river”, right? That’s what was responded to. Who would say that other than someone dismissing the complaint of those paying full price?

bitter much?

Yeah, of course. Why are you unable to pay your own bills, or else send your kid to community college?

Why am I paying for your kid?

Do you really think poor kids shouldn’t be able to go to college? That’s a fascinating take. You are a villain.

You think a family making $400k is poor?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“$400k in a high cost area with 3 kids in college (which gives you no discounts) is a big struggle to pay $80-90k/year for each kid”

Cry me a river 🙄

Easy to say when someone else is paying your bills.

Nobody else is paying my bills, what are you babbling about?

If your kid is getting need-based aid, that’s exactly what’s happening. The classmates paying rack rate are subsidizing your kid’s education. They ARE paying your bills.

You sarcastically wrote “cry me a river”, right? That’s what was responded to. Who would say that other than someone dismissing the complaint of those paying full price?

bitter much?

Yeah, of course. Why are you unable to pay your own bills, or else send your kid to community college?

Why am I paying for your kid?

Do you really think poor kids shouldn’t be able to go to college? That’s a fascinating take. You are a villain.

Yes. Sophisticated enrollment management knows that a 20k merit award moves the needle a lot more for families making 200-300 than for families making 2-3mm. Merit is used for yield so .. of course it matters.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“$400k in a high cost area with 3 kids in college (which gives you no discounts) is a big struggle to pay $80-90k/year for each kid”

Cry me a river 🙄

Easy to say when someone else is paying your bills.

Nobody else is paying my bills, what are you babbling about?

If your kid is getting need-based aid, that’s exactly what’s happening. The classmates paying rack rate are subsidizing your kid’s education. They ARE paying your bills.

You sarcastically wrote “cry me a river”, right? That’s what was responded to. Who would say that other than someone dismissing the complaint of those paying full price?

bitter much?

Yeah, of course. Why are you unable to pay your own bills, or else send your kid to community college?

Why am I paying for your kid?

DP: Most likely, when my kid attends college, I will be "subsidizing." I am not bitter about it. I don't understand people like you. You are doing well, able to afford to pay for your kid's education, and you resent someone who doesn't have money/less financially successful. Like you want to trade places so you can pay less tuition?

I was unclear. I wouldn’t say bitter. I’d say mildly irritated.