<p>Pizzagirl#195: I don’t know why you always bring it down to DD. I’m just pointing that basis of HMSPY need based FA is discriminative.
Whether I’m able to or willing to do what ever possible for DD to attend her choice of institute should have no bearing on whether or not HMSPY accept her or provide her with FA.</p>
<p>The same ability for “choice” can be applied to those who reside in a higher cost of living area instead of picking up their family and leaving their “comfort zone” for a more affordable area. Where housing is cheap, jobs are avaiable, and in-state tuition is dirt-cheap for GREAT in-state publics. Same with the 2-income family who makes the “choice” to bring in 2 incomes rather than have one stay-at-home who might later benefit from those FA policies based on income and assets.</p>
<p>And it would be ridiculous. As silly as suggesting police officers, teachers, social workers, military members go to night school and get “better/higher paying” jobs. How insulting.</p>
<p>High endowments schools don’t use other students’ tuition to subsidize financial aid. They use the endowments 6-7% a year to fund the FA students and they use the endowment to fund the difference between what actual costs are to teach all the students and what the full-payers actually pay.</p>
<p>All the students are being subsidized. Some more than others, but all are being subsidized by those large endowments.</p>
<p>Kat</p>
<p>POIH, sending your daughter to an exclusive, expensive prep school, posting about considering moving across the country to follow her, making it clear that the only real acceptable choices for her / you were of the HYPSM variety, posting about an allowance that struck most posters as way above what most of them paid … painted a picture of you as a reasonably well-to-do person. Not rich … and you’ve undoubtedly worked for every penny … but someone who has a lot of privileges. </p>
<p>So now she hit the jackpot, she got into MIT. Instead of being GLAD that everyone’s hard work (yours in your job, hers in her studies) paid off and now you can pay for her tuition AND be generous with the spending money for sorority dues, restaurants, concerts, trips home, etc. … you’re complaining that MIT is “punishing” you? I’m sorry, can you understand why it comes across as entitled and not very nice?</p>
<p>MIT admitting your daughter – MIT! A school with what, an 8% admit rate, or something of that nature? – wasn’t ENOUGH for you? You still demand more?</p>
<p>I really couldn’t stop asking now -</p>
<p>ParentOfIvyHope, 99.9% of poster in this board use “HYPSM”. Why do you have to alter the order? Is it really necessaary to put “Y” in the last place just because your daughter think it’s not worthy to apply to Yale?</p>
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Wait. Parents are getting “compensated”? And all this time I thought it was the kid getting the education. Silly me. Well, that certainly changes things.</p>
<p>PG::I’m neither demanding nor complaining as I’m more than happy to pay the tuition but I’m just trying to point that not all parent are going to do the same and many students in this situation are left with huge debts and that is not fair as it is not their faults that they were not eligible for the FA.</p>
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Oh, I see - you’re talking about all those firefighters with a risk-free, comfortable job. Well, there aren’t many of them, but perhaps the few there are will happen onto your post and be inspired or instructed or whatever by your philosophy.</p>
<p>So you worked hard and made it big and now pay full freight for your children at I presume an Ivy or equivalent school. If it ticks you off so much to have to pay the full fare, why do you? What would you rather do with the money? A student talented enough to be admitted to such a school could surely have found merit aid at a just-slightly-less-highly ranked uni, or a lower sticker price at an excellent state school. </p>
<p>I really don’t understand your anger about it. I must be empathy-challenged because I just can’t feel any for your situation - not that you’re showing much yourself. Personally, I’m not comfortable with a world view that relates financial success to superior parenting.</p>
<p>And someone with “darn little stress” in a job with teaching responsibilities might have taken those responsibilities more seriously - just saying.</p>
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<p>Certainly I prefer to put it in the order reflecting DD descending order of choice.</p>
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<p>This isn’t an issue that starts when young people turn 18. Consider any private competitive-admit elementary/middle/high school or many summer programs.</p>
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<p>Hmmm. The spouse and I are white collar professionals, with too many years of schooling. We earn good money, more than a teacher, more than a firefighter. Yet I venture to say that society is going to generally have far more use for a teacher or a firefighter than for my type of work. I’m not in danger of losing my life when I go to work every day, unlike the firefighter. Or a police officer, or a member of the armed forces, or any other profession where people do incredibly necessary work for not as much money.</p>
<p>No objection to our family paying extra money for college tuition to help subsidize the cost for some of those families. I’m not sure what you expect society to do to fight fires or educate the next generation if everyone is going to be out earning more money because they have high aspirations for their kids.</p>
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<p>My husband is a teacher, he has a PhD. His job is very stressful, during a typical working day he is either teaching a class, holding office hours or in a meeting. He leaves the house early and comes home late and on the weekends he is grading papers. Yes, he gets six weeks off at the end of every summer and he has earned every minute of it.</p>
<p>You are enforcing a double standard, sewhappy. Harvard should ‘subsidize’ everyone’s education. Because that’s the right thing to do. They have the money. How do I know they have the money? Because I, sewhappy, have seen their endowment, and I know they have the money for it. </p>
<p>However, when Harvard does the same thing with respect to your child–that you should ‘subsidize’ their education, because they have seen your CSS profile and FASFA forms, and they know that you have the money for it, you cry foul. You want Harvard to do what you are unwilling to do.</p>
<p>OK, so everyone who decides that they eventually want their kid to go to Harvard should find some sort of career in which they can be full-pay? Because if they don’t, then these people are being irresponsible and selfish, expecting others to do it for them?</p>
<p>In other words, a Harvard education is only for those people who are good, and by good, I mean the children of those people who have careers in which it is possible to afford the tuition. If you are the child of someone whose parents do not have one of those careers in which you can’t afford the tuition, why, your parents are bad and selfish and lazy and won’t work hard. They expect a hand-out when they could have been working hard all along in a career in which they could afford a Harvard education.</p>
<p>My child deserves that Ivy League education because I am morally superior because I worked hard and was successful monetarily.</p>
<p>Your child doesn’t deserve that Ivy League education because you were morally deficient and didn’t work in the right field to generate the right amount of income. You were lazy because you worked at your low income job, knowing that FA would come to the rescue.</p>
<p>Please don’t equate choosing a career which is lower income with being selfish and lazy and immoral.</p>
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<p>I’m going to go make myself a J&P sandwich. That’s my order of choice. (rolleyeys, however you make them)</p>
<p>Since she GOES to MIT…why isn’t it MHYPS??</p>
<p>If you have a low income career, your child’s tuition at Harvard will be extremely affordable. If you are earning over $200,000 a year, that’s hardly low income.</p>
<p>We were almost full pays for both of our kids. We were VERY HAPPY that we were in the financial situation to be able to fund our kids’ college educations. It never dawned on me that I should resent their schools for giving need based money to other students and none to us (I should add that our full need was never met). We were proud of our kids’ accomplishments and happy that we could contribute to their college educations to further their goals. Our income doesn’t come close to $200,000 a year. We are careful spenders and were very thrifty during our kids’ college tuition years. We would not have had it any other way. We are grateful for what we have, and grateful that we could help our kids. We aren’t rich by any measure or means but neither are we poor. We are careful spenders…and to be honest, paying for college was something we always anticipated doing for our kids. We did NOT have a college fund for either child.</p>
<p>I don’t understand why other parents who have the means can’t be happy that they are able to do so. Be proud of what you are doing instead of complaining about college financial aid policies.Just be happy that you are able to give your kids the gift of the education of their choice.</p>
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<p>Did you feel the same way when Harker accepted your daughter, POIH? Did you feel that it wasn’t fair that Harker expected you to pay the $35K / year, while other students (presumably) get FA through the school?</p>
<p>I’m doubting you did – and indeed, I’m betting that you thought the high tuition was a good way to keep some of the public-school riff-raff out.</p>
<p>MIT is a private school. They can spend their money any way they choose…any way. They have certain obligations for dispersing federally funded need based aid…but that definitely would not be what POIH would qualify for…would POIH want to HAVE a FAFSA EFC of less than $5000 which would probably mean an income of less than $50K a year? I seriously doubt it. </p>
<p>Agreed with others…you want the max need based aid at these schools…quite your jobs, sell your homes, liquidate your liquid assets…and then apply for your aid. If your kiddo is already a student at HYPSM, your need based aid will certainly go up in subsequent years.</p>
<p>I’m sure that one of the reasons that someone would chose a 35K private high school over a public high school is for the excellent college-preparatory education it provides the student. In addition, I am also sure that parents also expect that it provides an ‘advantage’ for the student in terms of admission to an elite college like HYPSM etc., making them a better applicant because of the enviroment that the school provides as well as the relationship between the school and these elite schools.</p>
<p>If we agree that there is such an admissions ‘advantage’ to attending the private high school, then what would you prefer?</p>
<p>The admissions advantage of being able to attend a 35K private high school, or the ‘cost’ advantage of being able to attend for a significantly reduced amount of money that someone of lower income might have (although I wouldn’t really call it an advantage, because it still can be hard for some low income families to come up with what even HYPSM expect them to pay)?</p>
<p>Because if you were truly worried about cost and money, then you would have saved the 35K over the 4 years, because that is essentially the tuition at places like HYPSM etc, and sent your kid to public schools. If you can afford the 35K, then you can afford the additional 15K for room and board etc. that you would have to pay out of pocket.</p>
<p>But you gave saving up that money for the admissions advantage that such a school gives you.</p>
<p>Isn’t it nice that you had that choice? Because low income people don’t get that choice. They don’t get to participate in the ‘admissions’ advantage, while much higher income people do.</p>
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Because her choice order was HMSPY after we took the tour of the colleges. We never liked “New Haven” town and so she never applied to Yale. Not everyone suppose to like each and every college. What is the big deal? Why do I’ve to follow someone’s order while writing about a set of colleges?</p>
<p>I don’t mind being different as I like to talk my mind the way it thinks.</p>
<p>I’ll make sure that my kid knows that she is unworthy of a HYPSM education because her dad chose a career in law enforcement. </p>
<p>I’ll make sure that all the public safety employees I work with know that because they chose these jobs, their kids shouldn’t even think about elite schools. Apparently they are wasting their advanced degrees. Such lousy unnecessary stress-free jobs. </p>
<p>I’ll let the small private school teacher with the Harvard degree know that although he could attend Harvard, his kid is out of luck. Shame on him for wasting his talents and education at a school that pays less than public schools. Depriving your child like that. Tsk tsk.</p>