* ProPublica Illinois has published a follow-up report to its story about how some upper-income parents have given up guardianship of their children to allow them to qualify for need-based college financial aid programs, including state MAP grants…
[A parent from a wealthy community in southwestern Lake County] said she and her husband both work, earning more than $200,000 a year, to support their two teenage sons. The family is among those who have allowed their guardianship petition to lapse following the reports about the tactic.
“Why should the kids of people who work hard and are busy every day and have no time to see their kids, why are their kids being punished?” the Lake County mother asked. “They will have to take huge loans and not be able to pay.”
Both of her sons want to become doctors. The guardianship strategy may have helped them avoid hundreds of thousands of dollars in student loan debt, she said. That now seems inevitable.
“I don’t want to be discouraging them, but I’m looking at this and thinking, ‘I have to support them all of their life?’” she said.
She worries her sons will get “stuck doing something they don’t like,” perhaps attending community college and working in fast food if they can’t afford to become doctors.