ED and financial Aid

[younghoss]

thats right, nyc. You said ed was good idea if student isn't seeking merit money, and doesn't need to compare offers, and are happy to pay more. IMO those conditions add up to a family whose concern for money is small.
That's why I didn't quote you as having said "money is no object" , I didn't say we were exact, but rather I used the phrase "much like".
Hope that clears up my reasoning and my intent.

[curmudgeon]

do they go through and eliminate business deductions if you are self employed?

overwhelmedma, yes. That is exactly what some of them do. No depreciation, no losses on business 2 against business 1 profits, no "expensing" machinery purchases, no losses on business 1 against ordinary income, and last but not least probably no/reduced contributions to retirement accounts, life insurance, and the like. But they even that out by assuming your professional practice has a mythical value of some multiple of gross. That'll square that up nicely. ,)