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She went to Westchester private schools, her dad worked for Goldman and Merrill but yet she was struggling with financial aid? Maybe she found it so confusing b
by boh 4y ago
She went to Westchester private schools, her dad worked for Goldman and Merrill but yet she was struggling with financial aid? Maybe she found it so confusing because she never actually had to do it?
- xhkkffbf 4y agoThis is not necessarily true. The tuition at a place like UPenn is now approaching $80k for what is really just about half a year of classes. If we use the rough approximation of a 50% tax rate in NYC/NYS, well, that's $160k pretax income. Sure, there are a few people at Goldman who can just write that check, but it's nowhere near as many as you think. Another part of the problem is that UPenn is one of the schools that asks for extra information about businesses, 2nd homes, other children, etc. These forms are much more complex than the FAFSA. Still, I understand why people want to focus on this. Her family doesn't have the same financial stress as most of the kids in college.