Reply to “the microsegment of the top 4 to 5 percent (earning $222,400 to $251,100) fares the absolute worst at t20 admissions

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Reply to "“the microsegment of the top 4 to 5 percent (earning $222,400 to $251,100) fares the absolute worst at t20 admissions "

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]So kids in households earning $450-500k do well?[/quote]

Better than $250 but not as well as wealthy kids.  Unless they are URM, an athlete, or play a unique instrument, they will mostly likely end up at a state school honors college. [/quote]

Are you kidding? $450k is certainly able to go full pay at a private LAC if they want.[/quote]

Spoken like someone who has one kid and always made a lot of money. [/quote]

$450k is a huge amount of money and you can easily afford it. [/quote]

Eh. I know several people who make a little more but since they have 2-4 kids,  they turned down some expensive schools and went to good state schools instead. They had to in order to get all the kids through.

You have to be pretty young to not understand how quickly even good salaries go when you’re raising a family in a HCOL area.  No adult thinks it’s “easy” to suddenly lose 1/4 of after tax your income. We make a little less and drive old, used cars, rarely eat out, and vacation once every 3-5 years. No fancy  clothes.  Plenty of Craigslist furniture in my house. Still not living a fantasy life some of you imagine. Not everyone bought a house 20 years ago or got to refinance at 2%.

But as it’s been pointed out already, pp was taking about admissions and you’re harping on money.  This article was about admissions.  We’re not needy enough to warrant a leg up, and not rich enough to benefit the schools.  Dead zone.   Our kids compete for leftover spots which is why they often end up at the honors college at a mid-ranked state U. 
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At that income they can live comfortably and save.  Screaming poverty is absurd.  Having that many kids is a lifestyle choice.  Where is all your money going?[/quote]

No one is screaming poverty, drama queen. [/quote]

Yes, they are.  They are saying they cannot pay for it without financial aid or loans.  [/quote]

They are saying they can't pay some but not FULL cost which is usually $80K plus per year per kid. [/quote]

Dept they can pay and made other life style choices that did not allow college to be a priority so tuff luck. [/quote]

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