It appears that this student wants schools that use css profile. There’s no means testing for those schools. Assets won’t be excluded even with that low of an income.
@twoinanddone has your brother only earned 20k per year while raising his kids, buying a home, and saving lots?
@mom2collegekids Read post 2.
This student has affordable options, and is not looking at Ivies. Or so she says in that post.
Ahh…but mentions MIT and BU in this thread…so seems to be looking at css profile schools
No, he makes more (not a lot more) but he works construction and another physically demanding job, so it is likely he could have a big drop in income when he hits 65. He lives in a resort area so his house could be worth lot more in 5-10 years.
Just saying that it is not unusual for someone to have a low income but higher assets. All those ‘Millionaire next door’ stories.