Understanding the FAFSA "grandparent loophole"

Students will not have to answer questions regarding grandparent contributions on the new FAFSA forms for college tuition assistance. Jillian Berman, a deputy enterprise editor at MarketWatch, joins CBS News with more details on the "grandparent loophole."
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[@sunnydaysatl]

FYI I work in financial aid office most people didn’t even report it in the past anyways.

[@dianahill5116]

Once again, wealth has privileges.
*Close the loop-hole.
______
Are people not going to have to, disclose money for a business or house or rental agreement?
Are politicians not going to have to, disclose where their campaign donations came from?
**Possibly, causing commingling of funds?
___
Are people going to do this, with car loans?

[@km01099]

This argument is called the slippery slope fallacy

[@nexussix7933]

My son is going to university!