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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][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]

This. If you have sticker shock, but the ability to pay you aren't really a donut hole. [/quote]

Ability to pay is often at the cost of liquidating retirement funds, home equity, life style and nursing home savings.[/quote]

Shouldn't be. The top schools have excellent need based FA. Many who would be a fafsa doughnut hole would get FA. To be paying full price means, you are well off in earnings and non-retirement assets. Even home equity is often capped (not 2nd or 3rd home of course).

The real problem is failing to save. No one should expect to cashflow college. We started saving when kids in elementary and thought we were late to the game. [/quote]

Bullsh. First of all, by the time you get to college aged kids, you may be making the most salary you've made. But almost no one makes that their entire career. We saved and save a LOT. We have old cars. No second home. No generational wealth. We have good retirement. Those are the things we've funded: college and retirement.

But all of those things are counted against us, as if we can cashflow $50-90k/year. We can't. And we aren't getting aid. We've made our peace with the schools are high stats kid can go (based on finances) and have had to forego much better schools b/c of money. It should not be this way.

I get that those of you not as well off like to dump on higher earners (UMC) to make yourselves feel better. But we've done everything right. Both coming from just above poverty line upbringings. The "American Dream" of work hard and good things flow from that is a bunch of horse sh-- when it comes to college admissions and sending your kids to the best school. The very wealthy get that opportunity. The poor get that opportunity. No one else. [/quote]

You live under your means, you save starting at birth and when your income increases you save it vs changing your spending.  [/quote]

Will you be repeating this same ridiculous, tone-deaf message when the cost of elite schools exceeds $100K/year?  $200K?  Just save, sacrifice, drive an old car?

At what point in your view is it just not possible for donut hole families?

And why is this ok again?[/quote]

The point is when you choose an expensive house, cars, vacations and lifestyle while others of us save and don't do those things on equal or less income, why do you feel entitled to tons of aid while we have to full pay?[/quote]

It's all about choices.  You chose to have the house, fancy cars, fancy vacations and fancy lifestyle and not save as much for college.  No problem with that.  As long as you don't now feel entitled to financial aid.   
If I cannot afford a $80K car, I buy a $30K Honda/Toyota.  I don't complain that it's not fair.  Or I drive my current car another 2-3 years and actively save so that I can afford a nicer car (maybe a $50K).  But I dont' complain that others can afford it and life isn't fair.  
Same with a house or vacations. We lived our 20s paying off college debt and saving saving saving.  Didn't have kids until we were 30+ so we could be financially sound.  We were mid to late 30s before we took "fancy vacations".  We still enjoyed life, just did it on a reasonable budget.  But we knew plenty of people who spent spent spent.  Maybe it was worth it for them.  maybe not.  I just know I don't regret getting a strong financial base when young, even if it meant forgoing "luxury items"

[/quote]

blah blah blah.  We drive Hondas. We save aggressively. We paid off our own loans and our mortgage. We don't take elaborate vacations or into name brands --Canadian goose jackets and other expensive sh**t.

And, yeah, 95-100k/year for college for two kids is still ridiculous.  $800k for two BA or BS degrees---yeah--incredibly ridiculous.[/quote]

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