Scholarship question

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#10

Jun 24, 2011
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My daughter goes to school in NYC and loves it. She couldn't wait to get out of California.

Quite frankly, OP's proposal smacks of radical socialism.
 
May 29, 2015
3,731
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The guv'ment says different. It's not just income, but also assets. I get "expected family contribution" numbers that would put a serious dent in my retirement plans. Fortunately, merit aid is a thing where my kids go, and they get outside scholarships as well.

BTW, no 18yo with little income is buying a car from anyone...but their parents can, and income certainly does play into it unless you're a cash buyer.

We’ve fought that battle for years. Like I told my kids, “The government can expect that. I expect lots of things. Neither one of us is going to get what we expect.”
 

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