Donut hole families: Did you scrimp/save/take out loans to go to Ivies/Top privates?

Anonymous
Donut hole families aren't middle class. In the US, middle class is 42-125K annual HHI for a family of 3, according to Pew. This represents a range from 2/3 to 2x median income and encompasses just over 1/2 the US population.

Donut hole families are upper middle class. They are the 2-3%ers.
Anonymous
Anonymous wrote:
Anonymous wrote:Not whining about it but the middle class is disappearing from campuses. Considering that the middle class has a historical record of driving our economy forward, the fact that they perceive they increasingly can't access elite education under some of the greatest minds in our nation is disturbing. And yes, many institutions do a fine job below that level but the reality is that the branding a top 20 school conveys assists in bringing top minds to attention.


The middle class is shrinking in the US, not just campuses. From the Pew Research Center:

"Among American adults overall, including those from outside the 229 [metropolitan statistical] areas examined in depth, the share living in middle-income households fell from 55% in 2000 to 51% in 2014. Reflecting the accumulation of changes at the metropolitan level, the nationwide share of adults in lower-income households increased from 28% to 29% and the share in upper-income households rose from 17% to 20% during the period."

http://www.pewsocialtrends.org/2016/05/11/americas-shrinking-middle-class-a-close-look-at-changes-within-metropolitan-areas/


It may be true that the middle class is shrinking, but this is the real middle class, not the DCUM middle class. The real middle class get FA. The DCUM middle class just bitches.
Anonymous
We are DCUM in the upper range of what you consider real middle class. We know plenty of families in our area that are similar.
Anonymous
Anonymous wrote: Donut hole families aren't middle class. In the US, middle class is 42-125K annual HHI for a family of 3, according to Pew. This represents a range from 2/3 to 2x median income and encompasses just over 1/2 the US population.

Donut hole families are upper middle class. They are the 2-3%ers.


No one is claiming that they are middle class.

They are the top 4-8 percenters.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Not whining about it but the middle class is disappearing from campuses. Considering that the middle class has a historical record of driving our economy forward, the fact that they perceive they increasingly can't access elite education under some of the greatest minds in our nation is disturbing. And yes, many institutions do a fine job below that level but the reality is that the branding a top 20 school conveys assists in bringing top minds to attention.


The middle class is shrinking in the US, not just campuses. From the Pew Research Center:

"Among American adults overall, including those from outside the 229 [metropolitan statistical] areas examined in depth, the share living in middle-income households fell from 55% in 2000 to 51% in 2014. Reflecting the accumulation of changes at the metropolitan level, the nationwide share of adults in lower-income households increased from 28% to 29% and the share in upper-income households rose from 17% to 20% during the period."

http://www.pewsocialtrends.org/2016/05/11/americas-shrinking-middle-class-a-close-look-at-changes-within-metropolitan-areas/


It may be true that the middle class is shrinking, but this is the real middle class, not the DCUM middle class. The real middle class get FA. The DCUM middle class just bitches.


The FAFSA and EFC don’t take COL into account. So a family in Tulsa with a HHI of $250k receives the same treatment as the family from Boston or DC with the same income.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Not whining about it but the middle class is disappearing from campuses. Considering that the middle class has a historical record of driving our economy forward, the fact that they perceive they increasingly can't access elite education under some of the greatest minds in our nation is disturbing. And yes, many institutions do a fine job below that level but the reality is that the branding a top 20 school conveys assists in bringing top minds to attention.


The middle class is shrinking in the US, not just campuses. From the Pew Research Center:

"Among American adults overall, including those from outside the 229 [metropolitan statistical] areas examined in depth, the share living in middle-income households fell from 55% in 2000 to 51% in 2014. Reflecting the accumulation of changes at the metropolitan level, the nationwide share of adults in lower-income households increased from 28% to 29% and the share in upper-income households rose from 17% to 20% during the period."

http://www.pewsocialtrends.org/2016/05/11/americas-shrinking-middle-class-a-close-look-at-changes-within-metropolitan-areas/


It may be true that the middle class is shrinking, but this is the real middle class, not the DCUM middle class. The real middle class get FA. The DCUM middle class just bitches.

Say it louder for the people in the back!
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Not whining about it but the middle class is disappearing from campuses. Considering that the middle class has a historical record of driving our economy forward, the fact that they perceive they increasingly can't access elite education under some of the greatest minds in our nation is disturbing. And yes, many institutions do a fine job below that level but the reality is that the branding a top 20 school conveys assists in bringing top minds to attention.


The middle class is shrinking in the US, not just campuses. From the Pew Research Center:

"Among American adults overall, including those from outside the 229 [metropolitan statistical] areas examined in depth, the share living in middle-income households fell from 55% in 2000 to 51% in 2014. Reflecting the accumulation of changes at the metropolitan level, the nationwide share of adults in lower-income households increased from 28% to 29% and the share in upper-income households rose from 17% to 20% during the period."

http://www.pewsocialtrends.org/2016/05/11/americas-shrinking-middle-class-a-close-look-at-changes-within-metropolitan-areas/


It may be true that the middle class is shrinking, but this is the real middle class, not the DCUM middle class. The real middle class get FA. The DCUM middle class just bitches.


The FAFSA and EFC don’t take COL into account. So a family in Tulsa with a HHI of $250k receives the same treatment as the family from Boston or DC with the same income.

Even in DC, if you’re making $250K, that’s more than 92% of households. Sooo...not middle class.
Anonymous
Anonymous wrote:Not whining about it but the middle class is disappearing from campuses. Considering that the middle class has a historical record of driving our economy forward, the fact that they perceive they increasingly can't access elite education under some of the greatest minds in our nation is disturbing. And yes, many institutions do a fine job below that level but the reality is that the branding a top 20 school conveys assists in bringing top minds to attention.


Which would indicate that the system doesn't actually disadvantage the "donut hole" families, the people it actually disadvantages are the middle class. A typical cost of attendance for a family with an income of $100K is a bigger burden, than the burden faced by the rich, but not really really rich, "donut hole" families.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Not whining about it but the middle class is disappearing from campuses. Considering that the middle class has a historical record of driving our economy forward, the fact that they perceive they increasingly can't access elite education under some of the greatest minds in our nation is disturbing. And yes, many institutions do a fine job below that level but the reality is that the branding a top 20 school conveys assists in bringing top minds to attention.


The middle class is shrinking in the US, not just campuses. From the Pew Research Center:

"Among American adults overall, including those from outside the 229 [metropolitan statistical] areas examined in depth, the share living in middle-income households fell from 55% in 2000 to 51% in 2014. Reflecting the accumulation of changes at the metropolitan level, the nationwide share of adults in lower-income households increased from 28% to 29% and the share in upper-income households rose from 17% to 20% during the period."

http://www.pewsocialtrends.org/2016/05/11/americas-shrinking-middle-class-a-close-look-at-changes-within-metropolitan-areas/


It may be true that the middle class is shrinking, but this is the real middle class, not the DCUM middle class. The real middle class get FA. The DCUM middle class just bitches.


The FAFSA and EFC don’t take COL into account. So a family in Tulsa with a HHI of $250k receives the same treatment as the family from Boston or DC with the same income.

Even in DC, if you’re making $250K, that’s more than 92% of households. Sooo...not middle class.


No one on this thread has said that that it is middle class.
Anonymous
Donut hole family here. All kids went to state universities with substantial merit aid.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Not whining about it but the middle class is disappearing from campuses. Considering that the middle class has a historical record of driving our economy forward, the fact that they perceive they increasingly can't access elite education under some of the greatest minds in our nation is disturbing. And yes, many institutions do a fine job below that level but the reality is that the branding a top 20 school conveys assists in bringing top minds to attention.


The middle class is shrinking in the US, not just campuses. From the Pew Research Center:

"Among American adults overall, including those from outside the 229 [metropolitan statistical] areas examined in depth, the share living in middle-income households fell from 55% in 2000 to 51% in 2014. Reflecting the accumulation of changes at the metropolitan level, the nationwide share of adults in lower-income households increased from 28% to 29% and the share in upper-income households rose from 17% to 20% during the period."

http://www.pewsocialtrends.org/2016/05/11/americas-shrinking-middle-class-a-close-look-at-changes-within-metropolitan-areas/


It may be true that the middle class is shrinking, but this is the real middle class, not the DCUM middle class. The real middle class get FA. The DCUM middle class just bitches.


The FAFSA and EFC don’t take COL into account. So a family in Tulsa with a HHI of $250k receives the same treatment as the family from Boston or DC with the same income.

Even in DC, if you’re making $250K, that’s more than 92% of households. Sooo...not middle class.


No one on this thread has said that that it is middle class.


It is implicit in the claim that elite schools are freezing out the middle class and that’s why the “donut hole” is a problem. But middle class gets FA.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Not whining about it but the middle class is disappearing from campuses. Considering that the middle class has a historical record of driving our economy forward, the fact that they perceive they increasingly can't access elite education under some of the greatest minds in our nation is disturbing. And yes, many institutions do a fine job below that level but the reality is that the branding a top 20 school conveys assists in bringing top minds to attention.


The middle class is shrinking in the US, not just campuses. From the Pew Research Center:

"Among American adults overall, including those from outside the 229 [metropolitan statistical] areas examined in depth, the share living in middle-income households fell from 55% in 2000 to 51% in 2014. Reflecting the accumulation of changes at the metropolitan level, the nationwide share of adults in lower-income households increased from 28% to 29% and the share in upper-income households rose from 17% to 20% during the period."

http://www.pewsocialtrends.org/2016/05/11/americas-shrinking-middle-class-a-close-look-at-changes-within-metropolitan-areas/


It may be true that the middle class is shrinking, but this is the real middle class, not the DCUM middle class. The real middle class get FA. The DCUM middle class just bitches.


The FAFSA and EFC don’t take COL into account. So a family in Tulsa with a HHI of $250k receives the same treatment as the family from Boston or DC with the same income.

Even in DC, if you’re making $250K, that’s more than 92% of households. Sooo...not middle class.


No one on this thread has said that that it is middle class.


It is implicit in the claim that elite schools are freezing out the middle class and that’s why the “donut hole” is a problem. But middle class gets FA.


No one has said or implied that. They are freezing out donut hole families.
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