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Thursday, August 01, 2019

Parents giving up legal rights to their children to get more financial aid exposes deep flaws in U.S. college system

Just months after the college admissions scandal, more evidence has surfaced of the lengths well-off parents will go to get ahead in the college process.

Dozens of parents in the suburbs of Chicago transferred guardianship of their high-school-age children to relatives or friends and then used the new legal status to declare their children as independent for purposes of qualifying for federal, state and institutional financial aid, according to reports ProPublica and The Wall Street Journal published this week.

More >> Parents giving up legal rights to their children to get more financial aid exposes deep flaws in U.S. college system

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