Bad Financial Aid, but...WHY?!

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<p>Uchicagoalum, what about prestige??? And pardon me, but where is the evidence that UChicago gives less aid than Penn or Hopkins? Let’s not obfuscate the discussion. </p>

<p>UNEG, </p>

<p>1) what is added back is the portion of one’s salary that goes into a 401K or similar program, not the asset balance. I always found this provision particularly unfair, as penalizes those of us who have 401K retirement programs over those who have company funded retirement plans, especially defined benefit plans. To give an example of what I mean, if someone is making 100K per year and puts 10K into a 401K, their income for FA purposes is 100K. contrast that with a neighbor who makes 90K per year but whose company puts 10K per year into a defined contribution retirement account. His income for FA is 90K.</p>

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<li>) the Behnke quote is almost 10 years old. FA policy could have changed. I personally do not know, though, as my D only qualified for a small amount of loans.</li>
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