T
TromboneAl
Guest
Had awards night at the high school, at which they announced awards and scholarships. It really demonstrated the problems in the financial aid system.
Looking at the top kids in the class:
One girl is from a family that doesn't make much money, and reportedly spends a lot. This girl has already gotten more scholarship money than she will need for college. That is, she is making a profit. Her brother also made a profit -- that is, got more money in aid than he spent.
Another girl is from a family that makes a lot but spends more. She told my daughter that she wouldn't be able to go to college unless she gets financial aid. Her family of six goes to Hawaii every year, they spend $1,000 on fireworks every July 4, and her dad just bought a new Porshe. She also got a lot of financial aid.
We've been saving for our daughter's college since she was born. We've saved enough to pay on our own, but only because we've always been frugal. So our daughter got certificates and awards (e.g. award for having the #1 GPA in math and science), but not so much in scholarships.
Just venting here, but the system really doesn't work right.
Looking at the top kids in the class:
One girl is from a family that doesn't make much money, and reportedly spends a lot. This girl has already gotten more scholarship money than she will need for college. That is, she is making a profit. Her brother also made a profit -- that is, got more money in aid than he spent.
Another girl is from a family that makes a lot but spends more. She told my daughter that she wouldn't be able to go to college unless she gets financial aid. Her family of six goes to Hawaii every year, they spend $1,000 on fireworks every July 4, and her dad just bought a new Porshe. She also got a lot of financial aid.
We've been saving for our daughter's college since she was born. We've saved enough to pay on our own, but only because we've always been frugal. So our daughter got certificates and awards (e.g. award for having the #1 GPA in math and science), but not so much in scholarships.
Just venting here, but the system really doesn't work right.