Logic behind single parent asset protection amount

calmom
Tue, 03 Jan 2012 23:33:56 +0000

Re post #13: You clearly don’t understand how the financial aid system works. Financial aid allows people who cannot afford to college to attend, through a combination of grants, work and loans.

Assuming you could qualify for need-based aid, what amount would you like to borrow on your own to subsidize your kid?

How much do you think your kid should borrow?

How many hours do you think your kid should work each week during the school year? What about over the summer?

What percentage of your net income do you think should be paid toward college costs?