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Subject:  Re: Retirement, college, and Obamanomics Date:  12/30/2012  10:52 PM
Author:  ItsGoingUp Number:  71128 of 88498

2gifts wrote:
The FAFSA forms typically use income and not assets and savings to figure out how much a family can contribute,...

Not so. If you have $1M in assets beyond your primary dwelling, then they figure you are good for over $60,000 per year towards college. Even with no income at all. So no aid, even at the most expensive colleges.

Check out the aid calculators.

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