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College and University Discussion
Reply to "Donut hole reality "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]That’s not donut hole. That’s a comfortable family. The rest of our kids go to state schools. [/quote] But not really. The whole reason people talk about a donut hole is that extraordinary kids from lower middle class families (up to $85k, which is 55th percentile HHI) go to elite private universities for free, and extraordinary kids from true middle class families (up to $150k, which is 80th percentile HHI) go for $15k or less. Those kids are not going to state schools. They’re going to elite private schools, because for them it’s cheaper than going to state schools.[/quote] The vast majority of kids from families making 150K or less are NOT attending elite private schools. They are going to their state U or whatever 4 year is local to them so they can live at home, work and attend school. Or they start at CC and transfer for last 2 years to make it affordable. That is the reality. Sure if you get into an elite school you will get FA, but it's not even on the radar for most kids from households below $100-150K. [/quote] Mine (same hhi) applied to a variety and got need aid from elites and mid tier (where we thought she would just get merit). And state schools. So went for the elites for aid and state for list price and some mids with hope for merit and pleasantly surprised with some need aid at schools where we didn't expect it. Wide variety of coas though. Dartmouth way cheaper than Drexel. But WPI surprising with mix and Wes very generous need (better than Dartmouth). It's a blend of working NPCs, scanning threads for merit reports, adding some definitely affordable schools and hoping for the best. [/quote] Same poster. This just popped up. https://www.insidehighered.com/news/quick-takes/2024/03/26/dartmouth-doubles-income-threshold-free-tuition[/quote]
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