When I went to college in 1980 I got Max financial Aid. Here was my stats.
Dad died cancer two years earlier no insurance after a year long barrier. My mom made slightly under 9k income in 1979. Back then they gave you $3,000 off income per kid in college. My mom had three kids in college at same time plus I had a younger sister. So I reported zero income. My moms net worth was negative $20,000. She owned a small home as only asset but mortgage counted as debt. She had zero savings. I recall my guidance counselor joked you hit the jackpot! There were tons of kids like me. I am paying full freight all three of my kids and have literally paid millions in taxes since I graduated college. Full Financial aid is for kids like me and I pay full freight and income taxes now and hope it helps the poor kids of today get a college education |
I know multiple women who are teachers and single moms by choice. |
Factory worker $18/hour. Grocery store worker $16/hour. Nurse aide $16/hour. These are regular American jobs. Most likely these folks did not go to college and had kids ‘early.’ |
The average U.S. household income is $87,864
The median U.S. household income is $70,784 |
Was this a story just before pandemic that kids at some b-school thought everyone made oodles of money. I forgot the numbers but it was quite out of whack from reality. |
In 2020-2021 I made $45k salary. I now make $62k. Unbelievable isn’t it? |
My dad worked as a mechanic. My mom was a SAHM until youngest sibling was in school and then worked as a paraeducator. We lived in an area with much lower incomes/COL than here. Pretty much zero college savings, I did get aid (merit and need-based) but had a lot of loans too. I think my parents were floored over their expected family contribution even at their modest HHI. |
Talk about living in a bubble! |
I make $70K at my FT job. $20K at my PT job. Yes, OP, us low earners exist and even live here in the DC area with kids. |
Most people, OP? |
Substitute teachers in MCPS - about $19/hour. |
Teachers, hello. |
You must live in a bubble and be really out of touch. |
I’m a nanny, legal immigrant (mentioning legal since op sounds like the type to bring it up), single parent. Do you feel better now? I’m the help. That’s who is making these low incomes. Get f*cked, op. |
That’s a lot old and disabled people on fixed income. The demographics prob very different for working age with kids. |