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Status:
"I don't understand. But I don't care, so it works out."
(set 26 days ago)
35,751 posts, read 18,091,770 times
Reputation: 50812
The flip side of this, is students with wealthy parents who aren't going to finance any of their college education are screwed in the current situation. The student has to put down family income on the form, and that keeps them from getting any kind of financial aid or even scholarships, usually. That's no more fair than what's going on here, with parents giving up custody.
Doesn't bother me rich people got some advantages getting their kids into college. We're talking dozens of kids not tens of thousands of kids (who also benefit from racial preferences, bonus SAT points, quotas, affirmative action, etc). Rich people deserve the perks: they paid for the colleges that everyone including the children of people who don't pay any taxes, enjoy. They paid via donations or taxes. Besides, chances are those rich people are high IQ (excluding celebrities) so, since IQ is 80% genetic, their kids are probably high IQ, but those high IQ kids got bumped so lower IQ kids could cut to the front of the line.
The entire "parent sponsor" thing is stupid anyway. Many, many kids get screwed because the parents refuse to contribute one dime to college, and the kid (well, technically adult), has zero means to do anything about it.
I just wrote this in another thread about "free" stuff over on Politics and Other Controversies:
What to become rich:
Rule #1 Try and use as little of your own money as possible!
Rule #2 See Rule #1
Have you ever noticed that some not all billionaire sports team owners ask cities/counties/states to help pay for some or all of the cost of a new stadium/arena which can cost a billion or more. You want to know why, they aren't stupid, they didn't become wealthy spending their own money. They will take every handout they can, just like the homeless bum on the street!
My Uncle Sam helped me through college and it only cost me 4 years of service. Why couldn’t I have been born rich instead of so damn handsome?
Even better, that $324 or so that I collected each month in the early 80’s has been repaid over by obtaining a marketable degree. Thanks Uncle Sam!
As for these parents: there’s the letter and the spirit of the law. This may be legal but it’s outside the spirit of the law. Hopefully, this can be addressed legislatively.
Status:
"I don't understand. But I don't care, so it works out."
(set 26 days ago)
35,751 posts, read 18,091,770 times
Reputation: 50812
Quote:
Originally Posted by blueherons
These parents are TRASH.
I know lots of wealthy people and everyone of them have paid for their children's educations.
What should wealthy parents do, if it's their opinion that their kids should make their own way, and pay for their own opportunities?
There ARE a lot of very wealthy parents, who do realize that giving their kids a very very cush life ruins them.
If they are still the guardians of their now adult offspring, their college aged sons and daughters are completely without the resources that other students enjoy.
The flip side of this, is students with wealthy parents who aren't going to finance any of their college education are screwed in the current situation. The student has to put down family income on the form, and that keeps them from getting any kind of financial aid or even scholarships, usually. That's no more fair than what's going on here, with parents giving up custody.
But this doesn't make any sense. It's one thing for wealthy parents to tell their kids that they won't finance college (for the record, I think that's insane and stupid). It's another for them to go through an entire process (well before college) to make it look like the child has no means, when there are kids out there who literally don't. The giving up custody in order for a kid to qualify for financial aid is a jerk move, IMO.
The entire "parent sponsor" thing is stupid anyway. Many, many kids get screwed because the parents refuse to contribute one dime to college, and the kid (well, technically adult), has zero means to do anything about it.
I know someone holding off on re-marrying because it would jack up the financial aid situation for kids in college.
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