<p>“If your parents are making 150k a year, you’re not going to receive much financial aid, if any at all.”</p>
<p>“With a family income of $150,000, do not expect a lot of financial aid.”</p>
<p>That’s not really true – it depends on the school. Some colleges give significant financial aid to middle class families. Our family, for example, makes about $150k per year and my kids are attending Harvard and Yale for less than the cost of SUNY Binghamton or Stony Brook – but they were extremely lucky. Other colleges my kids were accepted to, such as Vanderbilt, Williams, Middlebury etc offered them room, board and tuition for about $23k to $28k. But Brown, Dartmouth, Boston College and Georgetown offered them absolutely nothing. Which is why the OP needs to cast a wide net.</p>