Wealthy Parents are Giving Up Custody
Author: | Category: Education | Society & Lifestyles | Date: 09-27-2019
A strange phenomenon has just been uncovered by observers of the college applications scene: Based on reports from college admissions officers, it appears that some affluent parents who can well afford to pay full tuition as well as room & board, are adopting the strategy of giving up custody of their children, so that they can qualify for financial aid and loans by declaring financial independence. In some cases, the families live in multi-million dollar homes. (more)
https://abc13.com/education/wealthy-parents-giving-up-custody-of-kids-for-financial-aid/5432007/
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