Jodi S. Cohen
Jodi S. Cohen
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Parents Gave Up Custody of Their Children to Help Them Get Financial Aid. Now, Some Are Abandoning That Idea.

Parents Gave Up Custody of Their Children to Help Them Get Financial Aid. Now, Some Are Abandoning That Idea.

Amid state and federal scrutiny as well as a public backlash, more than a half-dozen suburban Chicago families who had recently gone to court to give up guardianship of their college-bound teens to qualify for financial aid they wouldn’t otherwise receive are now quietly letting their cases lapse.Though some families remain unapologetic about their use of a practice that had gone largely unnoticed until three weeks ago, they say the real issue is not that they tried to take advantage of a legal loophole but the exorbitant cost of higher education.“A lot of families are afraid to say what...

August 27, 2019
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