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Suburban parents are giving up guardianship of their teens so they can claim college aid meant for poor families

University of Illinois—Urbana-Champaign

  • Parents are giving up legal guardianship of their kids to get them a potential leg up in college admissions, according to a new ProPublica investigation.
  • ProPublica identified cases around the Chicago suburbs where parents would hand over guardianship of their kids to friends or relatives. Students would then qualify for financial aid designed for poor students by filing as financially independent.
  • ProPublica identified more than 40 cases of parents giving up guardianship to get aid in the suburbs of Chicago, but suspect the practice may be happening across the country. Their investigation is ongoing.
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Source:: BusinessInsider.Com