<p>Interesteddad is my hero!</p>
<p>I want to be fully informed about a college’s financial situation before I will send my son there, it would be heart-breaking to have to pull him out because of the school’s situation or get huge % increases every year.</p>
<p>I don’t believe the elite private colleges are being realistic about the financial aid request increases they will see for second term of 2010 (spring) or for 2010-2011. Parents that are being layed off from their $100K/yr+ jobs now will have 6 to 12 months severance pay, but then face the porblem on not finding a equal paying job, but will have to settle for something a lot less.</p>
<p>So if they had kids, where they are paying to full freight at these top schools, they could l be asking for at least $25K discount for the next academic year, and will these schools be prepared to help?</p>
<p>A tsunami wave will be hitting these schools, with distressed students asking for huge increases in fin aid.</p>