Columbia financial aid

confidentialcoll
Fri, 08 Feb 2008 11:23:35 +0000

"Do you make 200k, or are you just talking out of your rear in saying what “should be affordable”?

After taxes in a state like NJ/NY, 200k gets cut in half. What are “some luxuries that a high income family is generally accustomed to”? Are they supposed to move out of their house?"

I think C02 has a point that 200k in ny/nj doesn’t take you nearly as far as it does elsewhere, that being said, since there still are far poorer applicants in the ny/nj area and comparatively poorer applicants from around the country, for columbia to give FA to a 200k family would be having its priorities muddled. they expect that parents spend years accumulating money for college and that they live frugally when the kid is in college. i imagine most parents’ incomes don’t shoot up from 60k –> 200k in one year. it’s an investment, even paying full fees at columbia is well worth it in the long term, if you make something out of your degree.