Income and wealth are two different things. Many very wealthy people manage their wealth to minimize taxable income. |
+1 |
| Interesting. People on this forum always complain about how Boston College and Notre Dame are colleges with a bunch of rich and white students, but seems like others are much much worse. |
13 of the top 17 are LACs. |
+1 This is exactly why tuition will always increase. The full pay are subsidizing several other students. |
Agree that it is a bit surprising that Pepperdine, USC, & Brown, as well as Notre Dame, Northwestern, & Boston College are not among the top 25 schools on this list. |
Brown, Northwestern and Notre Dame ARE in today's NYT article. |
Can you furnish a link to TODAY'S NYTimes article ? TIA |
Found this, which mentions ND and others. https://www.nytimes.com/interactive/2023/07/24/upshot/ivy-league-elite-college-admissions.html?searchResultPosition=4 |
You are not supposed to plan to cash flow the $85K/year from current salary. You are supposed to be saving $10-15K/year for each kid when you are making $200K+/year. Even if you were making only $150K 10 years ago, as you got salary increases, you could have saved 50-75% of any increases into a 529 for your kids. If you did that for 15 years you would be able to afford it. |
WashU is currently filled with loaded student families.. It is the go-to backup school when you don't get into Ivies, Stanford, MIT, Northwestern, duke, etc for NYC area kids.....$$$$$$ flowing freely. |
Is median family income really the best way to tease out wealthiest families? |
| It seemed like everyone at Notre Dame was from a multi-millionaire family. Outside from a handful of low income charity cases. |
This comment shows your ignorance and bias. If what you say is true, then Northwestern, Emory, Vanderbilt, Tufts and others are also for Ivy League rejects and Yale, Princeton, Brown, Dartmouth, Penn and Cornell are all for Harvard rejects.
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