So much for us idiots that went to mediocre colleges, worked our asses off, made big money and saved it for our kids college educations. This countrs backwards. There is no reason you should be handed that kind of money, go work! What an absolute disgrace, welfare for education... Disgusting.
Did you walk to school barefoot through the snow too? I messed around with this thing and put in a hypothetical $300K income and $150K in other assets to see what output was. It came back with over $15K in aid. The cut for richest 1% in the US is about $200K a year.
It looks like this school has indexed tuition. You'd need a pretty high income to not get some discount. Consider it a bonus if your kid goes to this school instead of some other private college...Hofstra ain't got one of these calculators.
No moron, I didn't walk barefoot through snow. However, my summers were filled with 80-100 hour work weeks. From HS through college. I also had blue collar parents who knew the value of education and paid my tuition. I paid for everything else. We didn't need to rely on government handouts. Sorry, but your kids educational aspirations shouldn't come at mine or my families expense. I know, these are crazy notions right? Here's an idea, how about one price for everyone? Then the price would be $20k a year instead of $60k for those that can "afford" it and free for the mutt that didn't save a nickel for his kids education. You know, because those "rich" folks don't "need" that $240,000. Why not price cars, houses and everything else based on YOUR ability to pay??? You want a new Jeep, for you it's full price. I have no money, so its free for me. Sounds reasonable right? [/quote]
