That reminds me of the FAFSA...

I can remember when I first filled mine out - I was working part time when I 
was a stay-at-home Dad making about $15k/year.  When I filled out the FAFSA 
they said I had $4k disposable income that could be applied to college costs, 
so therefore, I was not eligible for any sort of financial aid.

Must be the same sort of math...

Dan



--- On Fri, 8/28/09, Mitch Haley <m...@voyager.net> wrote:

> From: Mitch Haley <m...@voyager.net>
> Subject: Re: [MBZ] Just back from Boston
> To: "Mercedes Discussion List" <mercedes@okiebenz.com>
> Date: Friday, August 28, 2009, 9:53 AM
> Donald Snook wrote:
> 
> > they have enough money that they will make sure you
> can afford it.  
> 
> The ivy leaguers and MIT are like that. They call it
> generosity, but it's really just a legalized way of
> extracting the most $$$ possible from each individual
> student.
> 
> Take MIT for example. Let's say they bill $100k. Everybody
> either writes a check for $100k or submits detailed
> financial statements from which MIT leeches can calculate
> the maximum amount of blood to draw without killing the host
> organism. Once you find out exactly what you can extract
> from the victim, you determine how much money government and
> private sources are willing to give and or loan to him. Then
> you add it all up, and the resulting figure is the final
> bill after 'internal grants'. Then you pretend that your 'no
> student left unfleeced' program is actually a charitable
> endeavor.
> 
> Mitch.
> 
> 
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