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College and University Discussion
Reply to "FAFSA - is middle-class waste time applying?"
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[quote=Anonymous]Oh gosh, I am so sick of people making hundreds of thousands of dollars and trying to call themselves "middle class." We earn about $150K a year (here in the DC area as well) and I hesitate to call us middle class-- I think we're upper middle class, not quite rich yet but getting there. At $300,000 you are absolutely not middle class anymore- you're in like the top 5% richest households in the area. Look, I get that paying for college is not easy even at $300K, but haven't you been saving? Even if you only saved like $10K per child per year (which shouldn't be too hard at your income-- we manage it pretty easily at half your income) that should cover most or all of the costs, depending on investment returns. [/quote]
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