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A further complication to this issue is that MIT, above and beyond requiring students to pay $100,000 for a BS/BA, is that they require co-operation from the student's parents. I was an MIT student for a year and a half, before I had to drop out because I couldn't pay tuition. Now I am working, and still trying to figure out how to repay what I already owe. My family is on the verge of bankruptcy, but because my parents are more concerned with day-to-day and month-to-month finances than with things like filing taxes they can't afford to pay, or taking the time to collect information on exactly where what money they have is going. Because of this, I can't even qualify for whatever aid and grants *are* available: I am scrambling for money to send back to my parents, because paying for my first year at MIT caused my mother to default on a loan and lose her job, and throwing up my hands at the $16,000 that is collecting interest and skyrocketing late fees as I speak.
I seri...