| JHS -
I'm actually not that surprized that more colleges are looking at retirement funds - for a long time, that was a protected place to save money, as opposed to putting it in a bank account or home equity or (more recently) a 529. When my son applied to colleges, the only one he applied to that asked for retirement fund info was Brandeis - Chicago is asking for it now, and if some of the threads are on Parent's forum are any guide, so are many others. Retirement assets are, it seems, no longer sacrosact.
All families are different, and there is no question in my mind the the financial aid calculations are harsher in some situations than others - Consolation's combination of decent assets and moderate income is one such situation. Another is families with farms: FA offices just don't understand weather. |