Who get financial aid anymore! His kids certainly won’t qualify for a penny if Dad pulls $175,000 a year.
His take home, after taxes etc, is probably around $9,000 a month. On a 15 year mortgage (he being 57 when he bought the home, I’d assume he has a 15 year mortgage) he pays $5800 - before insurance and property tax. That leaves him with about $3000 a month for all his additional expenses. Car payments, utilities, two teenagers, dressing a wife for GOP political events - these things aren’t cheap.
He also needs to do something about his retirement. At best, he has $787,000 in stocks - not nearly enough to fund retirement at his presumably current standard of living - he can’t make his house payments with that and still have enough left over when he is 80 to be able to gum Cream of Wheat. I’d assume he gets a fairly decent pension as a cabinet member, and one for being Governor - and that is what will keep him afloat.
He has, realistically, about 10 working years left.
No, I really don’t think he has a choice - unless he wants to be broke rather fast. He can’t even find $40,000 a year to put two kids through Penn State.