<p>“A family making $180K is not wealthy or living in a mansion. Yes, Harvard amazingly doesn’t count the home, Stanford and most do, don’t know about Y and P.”</p>
<p>By most standards for financial aid, 180k and above doesn’t qualify for aid hence the use of the term “wealthy”. Whether of not one lives in an expensive area or cheap area, one can always buy a house sufficiently expensive to eliminate all other assets. By the way, even in CA and other expensive places, when you live in a town with mainly multimillion dollar homes, you’re in a wealthy not typical town or area.</p>