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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The whole concept of a donut hole is bullshit.  All it means is that you don't want to pay for a private college when you can afford it.  People making less can't afford it and get aid.  People making more can afford it but don't bitch as loudly.  There is no "hole."[/quote]

There is, actually.  There are plenty of data on this.  And you are indeed a ‘hole.

[/quote]

I don't really understand the "donut hole" thing either.

I been playing with the Harvard calculator for my family size (2 people, 1 in college) and assets.

The curve is smooth.  The idea that people paying 70K on 255K income are somehow suffering because they're in a "hole", but people paying 68.5K on 250K are living large because of aid is absurd.  The reality is that the first family still has more left, and they'll still have far more than my family who would pay 8.2K on 90K HHI.  [/quote]

They will have more because they earn more than two times what your family does.  It's not about what a given family has "left."  It is about whether the EFC for a given family is realistic.  For our family, it is not, and despite having saved almost $400K to put two kids through college, the gap between the EFC and what we can actually pay is just too large to bridge.[/quote]

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