questions about financial aid

hammerman123
Mon, 24 Jan 2011 14:34:18 +0000

So, after doing a financial review of the parents, regardless of income, if the school’s Financial Aid group sees: no equity in home, monthly mortgage higher than value of home, no savings, no retirement to draw from, no other outside income they will not consider these elements? How does any family overcome this situation? The economic playing field has changed for so many people. Does a parent have to lose a job or become independently wealthy to get a deserving child into the Ivies? What are the options for the ’ new challenged middle-class.’ I would be a shame if salary is all the Ivies look at to determine ability to pay.