| You're right about the news being a PR thing. There are *lots* of fine prints on the 60/100k thing not included anywhere on the website.
The rules applies if and only if - you have a family of 4, you have a mortgage of ~1000/month, you have assets < a certain value (I'm not sure how much) and you have at least one OTHER child/dependent in college/grad school at this time. Other conditions may also apply that I still don't know about. etc. etc. So yeah, they still use a formula regardless of your actual income. |