Anonymous wrote:Very few 18 yr olds have their own money. Is anyone saying that all students should get the same financial aid?
In the current system, children of affluent parents who refuse to support them at all are the biggest losers but how often does that happen?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Who knows what happens if an 18 year old "emancipates" himself? Would he get a better deal on his education loans/financial aid? What would happen to health insurance?
(Goddammit, this country's stupid lack of infrastructure to support its #1 resource (smart, healthy people) makes me effin' crazy.)
I know, my DH spent a year trying to do this for financial reasons at the private university we attended. They won't let you emancipate yourself for financial aid purposes until the age of 23. So maybe your snowflake could wait 5 years?
Wow. Appears you're right. From some random web site:
"Warning
The court order for emancipation must be in effect at the time of your financial aid application for you to be considered emancipated. In addition, if you were over the age of 18 at the time of the court's decision, you will be considered a dependent student for financial aid purposes, even if your parents are not supporting you.
Read more: http://www.ehow.com/about_7503790_can-college-financial-aid-emancipated.html#ixzz2YKM00ywG"
How incredibly stupid.
So, what's the other option? The Department of Ed pays for education for anyone whose parents say they don't want to pay? Why would anyone pay? How would that system be sustainable?
As a parent you have choices. You can support your child during college, or you can encourage your child to join the military or wait until they're 23 to get their degree, or to go part time while working full time and funding it themselves. For people who don't have the first choice, the government helps a little (by helping with the interest on student loans, and with Pell grants which pay a fraction of the cost of college) and some private schools with large endowments help a lot.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Who knows what happens if an 18 year old "emancipates" himself? Would he get a better deal on his education loans/financial aid? What would happen to health insurance?
(Goddammit, this country's stupid lack of infrastructure to support its #1 resource (smart, healthy people) makes me effin' crazy.)
I know, my DH spent a year trying to do this for financial reasons at the private university we attended. They won't let you emancipate yourself for financial aid purposes until the age of 23. So maybe your snowflake could wait 5 years?
Wow. Appears you're right. From some random web site:
"Warning
The court order for emancipation must be in effect at the time of your financial aid application for you to be considered emancipated. In addition, if you were over the age of 18 at the time of the court's decision, you will be considered a dependent student for financial aid purposes, even if your parents are not supporting you.
Read more: http://www.ehow.com/about_7503790_can-college-financial-aid-emancipated.html#ixzz2YKM00ywG"
The student loan industry is a debacle.
Here's something for you to read:
http://www.propublica.org/article/how-the-govt-is-saddling-parents-with-college-loans-they-cant-afford
How incredibly stupid.
So, what's the other option? The Department of Ed pays for education for anyone whose parents say they don't want to pay? Why would anyone pay? How would that system be sustainable?
As a parent you have choices. You can support your child during college, or you can encourage your child to join the military or wait until they're 23 to get their degree, or to go part time while working full time and funding it themselves. For people who don't have the first choice, the government helps a little (by helping with the interest on student loans, and with Pell grants which pay a fraction of the cost of college) and some private schools with large endowments help a lot.
Anonymous wrote:If you have enough money to send your kids to college and you don't, you are doing society a dis service. My dad is not loaded but refused to let me apply for merit or need based aid. He said that should be saved for people who really need it, and since he could afford to send me, it would be wrong to take up that money
Anonymous wrote:Anonymous wrote:Anonymous wrote:Who knows what happens if an 18 year old "emancipates" himself? Would he get a better deal on his education loans/financial aid? What would happen to health insurance?
(Goddammit, this country's stupid lack of infrastructure to support its #1 resource (smart, healthy people) makes me effin' crazy.)
I know, my DH spent a year trying to do this for financial reasons at the private university we attended. They won't let you emancipate yourself for financial aid purposes until the age of 23. So maybe your snowflake could wait 5 years?
Wow. Appears you're right. From some random web site:
"Warning
The court order for emancipation must be in effect at the time of your financial aid application for you to be considered emancipated. In addition, if you were over the age of 18 at the time of the court's decision, you will be considered a dependent student for financial aid purposes, even if your parents are not supporting you.
Read more: http://www.ehow.com/about_7503790_can-college-financial-aid-emancipated.html#ixzz2YKM00ywG"
How incredibly stupid.
Anonymous wrote:For those who work at a college or university, don't forget that your child may not get into that school.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Who knows what happens if an 18 year old "emancipates" himself? Would he get a better deal on his education loans/financial aid? What would happen to health insurance?
(Goddammit, this country's stupid lack of infrastructure to support its #1 resource (smart, healthy people) makes me effin' crazy.)
I know, my DH spent a year trying to do this for financial reasons at the private university we attended. They won't let you emancipate yourself for financial aid purposes until the age of 23. So maybe your snowflake could wait 5 years?
Wow. Appears you're right. From some random web site:
"Warning
The court order for emancipation must be in effect at the time of your financial aid application for you to be considered emancipated. In addition, if you were over the age of 18 at the time of the court's decision, you will be considered a dependent student for financial aid purposes, even if your parents are not supporting you.
Read more: http://www.ehow.com/about_7503790_can-college-financial-aid-emancipated.html#ixzz2YKM00ywG"
And another:
"The Department of Education has several criteria by which they evaluate whether a student may qualify to be considered independent. The age that a student automatically becomes independent in the eyes of the Department of Education is twenty-four. To the chagrin of most students who enter a four-year program at age eighteen, that means their financial aid eligibility will be determined by their parents’ income for the entire time they’re in college."
How incredibly stupid.