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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]

DP: why is it okay for you to assume that everyone is entitled to an education at an elite university?  There are tons of affordable universities for students that most kids can gain admission to.  VCU/JMU/GMU in VA.  Towson, UMBC in MD.  Just to name a few.  
There are places to get a great education that can be affordable to you.  Instead of complaining about the elite T25 schools (That are more highly rejective than selective---most likely your kid isn't getting in), focus your efforts on finding schools that are affordable.

There is the CC to 4 year college plan as well. It's extremely affordable.  Even more affordable if you do DE in HS and graduate HS with your AA as well.  Then the first 2 years cost you maybe $4K (in my area it's cost of books only).  Then you only need 2 years at 4 year to finish up.

I agree it's ridiculous things cost $85K+.  But that's really only 50-60 schools that cost more than that and some of them do give merit awards.

[/quote]

Why? Because this is $%#$% The United States of America where hard work is supposed to net results. That is what we are told since the day we are born. It is why immigrants flock to this country and always have. But the reality is, that's not the reality. You can work as hard as you want, check every box, save lots of money and you'll still be iced out of the "top schools."

Why should that be just b/c some family is in a "donut hole" range? Why should the uber rich or the poor get those spots or be more deserving of those spots? They shouldn't. Plain and simple. [/quote]

I have news for you, you will still likely be "iced out at the top schools" because you won't even get admitted, so you won't need to worry about how to pay for it.  
You are complaining about 50K spots in uber elite schools in the country, at schools that have 4-6% acceptance rates (that translates to 94-96% rejection rates).  Odds are your kid is not even getting admitted as there are many more "highly qualified students" than there are spots each year.

Living in the USA and working hard does NOT entitle you to an elite education.  It entitles you to AN education.  Collegewas never intended to be free in the USA. And if your kid is smart enough to have resume for T25 school, then there are plenty of schools in the 25-100 range that they will gain admission to, get great merit to and be affordable.  If they go in the 100-200 range, they might even do it for close to free with full tuition and some R&B merit awards.
There is also the CC to 4 year school approach that will be very affordable as well.

But stop complaining that your life sucks because you make $200K/year and can't send your kid to a T25 school.  That is not what the USA is about.  Part of working hard means that sometimes you succeed, sometimes you don't.  It's all about having choices in life. You could have chosen to save, but instead are made at the person making $75K/year getting college paid for---a kid who has had so far fewer luxuries and advantages in life than your kids.  Perhaps you also want to share those luxuries from 0-18----send your kid to Baltimore City public schools or DC public schools, since everyone is entitled to the same thing

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