How to Know Your "Merit" Financial Aid Is Out of Whack

Last night my wife and I were sipping adult beverages at a swanky Georgetown pizza and beer joint. This is Georgetown, not exactly your local Pizza Hut. I overheard the couple next to us talking about Harvard's financial aid plan. He was describing how it works:

He: Students under $60,000 pay no tuition.
He (whispering): And they give need-based aid for families making up to $180,000.
She (incredulous): $180,000? That's a lot.

My sentiments exactly.