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« on: March 24, 2006, 01:52:58 PM »
Would you all agree that this income/class discussion is all relative? If you live in New York and Westchester County and most of Connecticut, or Potomac, MD, or some Philly suburbs, or....the OC or something, forgive my lack of west coast knowledge, $100,000/yr isn't going to make you rich. There are people 2 miles away whose salaries are $1 million plus, or who simply have tons of money stashed away.
But you're not exactly poor either. Need-based financial aid is meant to even the playing field, and I think it's an imperfect, but necessary measure, that inevitably starts from the bottom up. I'm in a different but equally confounding situation where some schools are being very generous and some are giving me a big fat zero.
I'm going into it with the mindset that they'll help people with the least, first. And I don't have much in the bank, but I'm pretty sure some people are even worse off and need the help even more. (and it's very very touchy to blame people for their financial status ie the car leases etc. I think most schools do a pretty good job gauging that via asking about your current debt, all the things you own including houses and cars, and your income) that lease is going to show up somewhere in all of that, and I think they make it difficult to hide on purpose.
All in all--I say need-based financial aid is a good thing, but it is definitely fallible.