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Warning this is a rant. Does anyone else think that financial aid is absurdly unfair to middle-upper-middle class students? Even the ivy leagues charge absurd amounts. I find it funny how if you make less than 100k a year, then they're super gracious, but one penny more and nope, all that help is gone! I find it very hard to believe that most of those families can easily dispose 25% of their yearly income to helping one of their children go to college. It's absolutely ridiculous! The reality is that most of those kids will have to either take out insane amounts of loans, or wind up being forced to say no to ivy league schools and their dreams for Community College which is often the only affordable option.
Why do colleges expect that students with a tad bit wealthier parents can take out more in loans than their sub 40k counterparts? These loans are the students responsibility, not the parents. As everyone exits college with a clean slate, why should a kid with poor parents come out debt free while a middle class kid has 80k in debt for just their undergraduate years? It's wrong! Punishing students and their parents because their parents worked hard and with some luck got a better job than others?
Schools that are holistic in their admissions process should be more so with their financial aid. Numbers don't tell the entire tale, and it's cruel to lead kids to believe that if their accepted, college will be affordable because they "Don't want finances to be a barrier" from attending. Grade A BS is what that is.