Wow, you REALLY don't get it. 529 accounts are tax advantaged to HELP w/ school

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May 3, 2016
9:29:34am

runnincoug All-American

your son is abusing the system, trying to take advantage twice.

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runnincoug

Bio page: runnincoug
Joined: May 26, 2011
Last login: Sep 27, 2024
Total posts: 35,819 (2,751 FO)

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Messages

Author

Time

Federal Financial Aid is a rigged game

Jersey hunter All-American

5/2/16 11:39pm

Tell him to get married.

rggee

5/2/16 11:44pm

It increased my motivation to get married when my married colleagues would be

Sandstone Cougar

5/3/16 12:27am

I don't have to say it - he's working on it.

Jersey hunter

5/3/16 9:21am

I don't know if I should thumbs up or down. The system does in fact suck

kotacoug

5/2/16 11:44pm

The system is punishing the kid who works hard and is self reliant. What happened to logic!

Oaktown12

5/2/16 11:46pm

Someone has to pay for all those losers out there

kotacoug

5/2/16 11:47pm

rules are weird, but not sure why anyone thinks the rules are different for different people

Deleted

5/2/16 11:49pm

because liberals base everything off of race, ethnicity, class, gender,

ds7

5/3/16 6:45pm

Don't worry, when you succeed in life, have a good career or own a business

Saxa

5/3/16 5:21am

Race doesn't matter is any of those scenarios. If your family was black or

RC Vikings

5/2/16 11:50pm

Not true. There are such things known as "affirmative action." My best

Cougarfan777

5/2/16 11:56pm

this topic has nothing to do with schollies.

Deleted

5/2/16 11:58pm

He wasn't talking about scholarships, he was talking about government financial

RC Vikings

5/2/16 11:59pm

Yes, but when that fails, he has less access to other programs then do

Cougarfan777

5/3/16 12:06am

It sounds like he was lucky enough to be born into a family with some assets.

RC Vikings

5/3/16 12:11am

So was my friend, yet he never had to even apply for financial aid, he took

Cougarfan777

5/3/16 12:24am

American Indian would change everything.

JAGA97

5/2/16 11:56pm

Free school is the least they can get for genocide of their people. Good heavens

spugeddy24

5/3/16 9:03am

Good grief ... Drama queenish remark

kotacoug

5/3/16 11:21pm

Pretty accurate remark

kimchicoug

5/3/16 11:39pm

You have no idea - go visit a Rez and say that again.

Brass Monkey

5/4/16 12:00am

I've freaking lived by a Rez my whole life

kotacoug

5/4/16 8:27am

Then you're ignorant

Brass Monkey

5/4/16 9:54am

just ask elizabeth warren...

ds7

5/3/16 6:47pm

This is wildly inaccurate and a racist stereotype.

Brass Monkey

5/3/16 7:26pm

Of course it does. Many more resources available to minorities

kotacoug

5/2/16 11:58pm

not in FAFSA

Deleted

5/2/16 11:59pm

True but who needs Fafsa if you have scholarships, grants and other aid availabl

kotacoug

5/3/16 12:00am

It's shocking how often we hear that silliness when arguing for the other side.

Belboz

5/3/16 8:50am

It is true - that's why they have you state your race and ethnicity on the application

Jersey hunter

5/3/16 9:23am

The message has been clear for several years now to blue collar America. Keep

Cougarfan777

5/2/16 11:53pm

I had a Roomate who had his parent essentially dis own him after being baptized

cougarfann888

5/2/16 11:53pm

In a situation like that he should have applied to be emancipated...

BYUFam1

5/3/16 6:02am

Yes but the problem is you have to do it before you are 18

cougarfann888

5/3/16 9:19am

Has it changed recently? I never had to put my parents info in ? They are pretty

Dillinger

5/2/16 11:54pm

You have to if single and under 26.

rggee

5/2/16 11:55pm

If you were married over 25 or in grad school then you don't need to otherwise

cougarfann888

5/2/16 11:55pm

Hmmm, I graduated when I was 26 and got married the same year.

Dillinger

5/2/16 11:58pm

It was required in 2009 for sure. Maybe you just stole from taxpayers

rggee

5/3/16 12:02am

There's a good chance.

Dillinger

5/3/16 12:07am

Not true.

BigGulps

5/3/16 6:18am

It is true. Here's a link

cougarfann888

5/3/16 9:23am

Recently? That's about how it was 20 years ago.

BW84

5/3/16 12:01am

I graduated 6 years ago.

Dillinger

5/3/16 12:07am

When I went from 2004 to 2007 the age cutoff was 23 for parents assets.

BNcoug

5/3/16 3:27pm

It makes sense to me that financial aid should be for those who don't

MrF

5/3/16 12:27am

Why should parents be financially obligated to pay for an adult child's

SierraCoug

5/3/16 12:50am

Why should the taxpayers?

Mississippi

5/3/16 12:58am

Here's the scenario as it currently exists.

SierraCoug

5/3/16 1:07am

You should probably just vote for Bernie...

Mississippi

5/3/16 1:21am

no one should get pell grants get student loans, the only exception is I might

cougarfann888

5/3/16 1:33am

I'm unsure of what your point is, do you want the government to pay for

MrF

5/3/16 1:23am

I'd prefer nobody gets it, but the system is broken when a student is

SierraCoug

5/3/16 1:27am

Seriously, what if the parents were billionaires?

Mississippi

5/3/16 1:32am

Did you miss the part where I said I'd prefer nobody got it?

SierraCoug

5/3/16 1:43am

The fact that many do receive it raises demand and thus increases the cost for

AF Cougar

5/3/16 6:26am

As the system is now, there needs to be a cut off for when students

MrF

5/3/16 1:39am

My biggest problem is why does what is in your retirement 401K matter to FAFSA?

BYUFam1

5/3/16 5:57am

It zzz

byukarl

5/3/16 7:30am

Ummmm, you serious?

Cougarealist

5/3/16 6:26am

He had $6,000 of income?

JAGA97

5/3/16 12:30am

Illegal immigrants don't get pell grants, lies like this make rational debate

Cabadapeste

5/3/16 2:39am

This is true

BYUFam1

5/3/16 5:46am

How long ago was this? Maybe I can help. BM me the details.

byuTX

5/3/16 6:51am

Kind of an odd thumbs down Jersey hunter...care to expound on why?

BYUFam1

5/3/16 10:42am

Post of the day because so few people know this. It's so frustrating to

TayPower

5/3/16 10:37am

this isn't new

bald man

5/3/16 2:44am

Why does everyone always want handouts from the government?

Supercoug

5/3/16 4:29am

You conveniently forget the purpose for which Federal Financial Aid is offered:

Six Foot Seven

5/3/16 4:47am

<< Deleted >>

TheHop

5/3/16 5:59am

RE: You conveniently forget the purpose for which Federal Financial Aid is

rmreitz

5/3/16 1:36pm

Why Should the Govt. Help Him and Not You?

Uncle Bluto

5/3/16 5:01am

You should be able to put him back in your health insurance. I've had my

NewMexiCoug

5/3/16 5:56am

And I believe new laws would let you keep a child on your insurance even if

BYUFam1

5/3/16 6:08am

Illegal immigrants don't get aid or grants from FAFSA or any other federal source As far as your son goes, it does

byuTX

5/3/16 6:03am

Medicare is for 62+. Medicaid is for the poor.

claw

5/3/16 6:09am

Thanks. Fixed

byuTX

5/3/16 6:43am

So you feel like the government should be giving him

Cougarealist

5/3/16 6:25am

Agreed. Kids should try to make it on own as much as possible but when need help

runnincoug

5/3/16 6:41am

I'm against handouts*

bluebloodedcoug

5/3/16 6:44am

Since parental support is pretty untraceable, I think it's appropriate to

JONBOY

5/3/16 6:50am

A better strategy would be for you to claim

wjman11

5/3/16 7:08am

If he's making $6,000, he's not paying any federal income tax to speak of.

russkiejedi

5/3/16 7:16am

The church asks families to look to family for help first before going to the

russkiejedi

5/3/16 7:11am

That's the fallacy here. Teaching "self reliance" while asking for govt. bailout

runnincoug

5/3/16 7:17am

Also, was he not one of your kids who started college with $50K in a 529 plan?

russkiejedi

5/3/16 7:20am

Wow, what happened in the last two weeks? Did the market crash and I missed it??

Six Foot Seven

5/3/16 7:25am

Looks like this son took that money and went to Wendover or something

BYUheaven

5/3/16 7:50am

Apparently something like that:

russkiejedi

5/3/16 8:26am

Uh oh

shimmy

5/3/16 7:56am

RE: Also, was he not one of your kids who started college with $50K in a 529

WDaddy

5/3/16 7:56am

RE: Also, was he not one of your kids who started college with $50K in a 529

kimchicoug

5/3/16 8:02am

tempted to thumbs down for using an Aggie clip in a positive way....very tempted

BYUheaven

5/3/16 8:04am

RE: Also, was he not one of your kids who started college with $50K in a 529

WDaddy

5/3/16 8:14am

RE: Also, was he not one of your kids who started college with $50K in a 529

Cabadapeste

5/3/16 8:25am

His post was just trying to brag about himself selling whole life insurance

RdF3

5/3/16 8:55am

Yes and that is where he will have to make up the difference, one of the benefits of that strategy is those

Jersey hunter

5/3/16 8:57am

So your son has a silver spoon, and you complain he doesn't get the free spork.

Fatalplacebo

5/3/16 9:03am

Just keep digging...

Defenestrator

5/3/16 9:09am

This is really great. Please, continue

Linescratcher

5/3/16 9:14am

So in essence you are complaining about no free lunch when your kid has

Big Daddy D

5/3/16 9:14am

So he does have the 50k, then why did you say he pays for school himself?

BYUheaven

5/3/16 9:15am

The money is there if he needs it - he hasn't touched a penny

Jersey hunter

5/3/16 9:25am

so he wants tax payers to pay instead of using his own money

Deleted

5/3/16 9:27am

Wow, you REALLY don't get it. 529 accounts are tax advantaged to HELP w/ school

runnincoug

5/3/16 9:29am

So it sounds like he needs it.

RalphWiggam

5/3/16 9:57am

8 years of BYU tuition? That's another huge red flag. And to your other point

runnincoug

5/3/16 10:00am

Sorry...post wasn't meant for you. I agree w/ you completely.

RalphWiggam

5/3/16 10:07am

ha! Yeah, and threads like this get crazy.

runnincoug

5/3/16 10:13am

THE SYSTEM IS RIGGED!

DapperDan

5/3/16 9:31am

That is great! Seems like you son is learning good saving habits and getting

BYUheaven

5/3/16 9:33am

If he's going to Uncle Sam for money, I think he's reached the point where he

russkiejedi

5/3/16 9:34am

This is hilarious.

cougfanblue

5/3/16 9:37am

So he wants the govt to pay for his school so he can use said money for a house

Dillinger

5/3/16 9:47am

More precisely, he wants you and I to pay for our kids' AND his kid's education

Rogue Gunner

5/3/16 9:56am

DUDE....put down the shovel, and walk away.......

TheHop

5/3/16 9:47am

Reminds me of Deebo from Friday: "I want to spend Red's money."

WDaddy

5/3/16 9:53am

I had a roommate who would eat our food because he didn't want to sell his stock

BluebloodOR

5/3/16 11:29am

Why you gotta hate on the poor young man for his self-reliance?

russkiejedi

5/3/16 11:30am

Are you being serious right now?

Big Daddy D

5/3/16 11:55am

Where the crap did all that money go?

Yvin

5/3/16 9:15am

Yep. Is a $5500 Pell grant even going to help at this point?

rggee

5/3/16 9:20am

See above. His college savings were not to be touched for college, apparently.

russkiejedi

5/3/16 9:35am

make up the difference...after 50k? uh...byu is like 5k a semester

Deleted

5/3/16 9:20am

$2500 for LDS students

rggee

5/3/16 9:22am

So your problem is that FAFSA was able to get around your best-laid planning to

russkiejedi

5/3/16 9:26am

DOWN WITH EFFECTIVE GOVERNMENT! A POX UPON SOUND FISCAL POLICY!

Linescratcher

5/3/16 9:33am

Wow, you still don't get it. If your son needs a handout from the govt. he isn't

runnincoug

5/3/16 9:28am

This is so sad. Your poor son.

The Underminer

5/3/16 10:37am

Someone who is using federal money is not "making it on their own".

Be Y's

5/3/16 12:53pm

Actually 24. You can be eligible for grants at 24 (or marriage yes).

Brass Monkey

5/3/16 5:47pm

Amen.

spugeddy24

5/3/16 9:04am

BOOOOOOOM!!!!!!

TheHop

5/3/16 9:19am

BOOM GOES THE DYNAMITE!

CDV

5/3/16 11:59am

spot on

couldge

5/3/16 1:42pm

The government took over student loans remember.

BigGulps

5/3/16 7:28am

This was meant for the church reliance poster above.

BigGulps

5/3/16 7:30am

Already been said but I'll repeat, you being white is irrelevant.

Rogue Gunner

5/3/16 7:31am

Maybe you should just help your son with school

SJS

5/3/16 7:48am

Why do you not claim your son as a dependent?

Clark Addison

5/3/16 7:55am

Best thing was getting married. Pell Grants paid for my wife and I's tuition

dallasbyu

5/3/16 8:38am

What an embarrassing post.

spugeddy24

5/3/16 9:14am

So every student is (should be) entitled to a pell grant?

stonewallperry

5/3/16 9:56am

Lol.

byubyu

5/3/16 11:47am

As a foreign student, immigrants don't just automatically get federal aid.

THE KlD

5/3/16 12:19pm

If you don't want to pay for your son's education, why not offer him a loan similar to what

LiveCoug

5/3/16 12:54pm

He makes $6000 a year? Is he a fry cook?

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