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College and University Discussion
Reply to "University of Virginia"
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[quote=Anonymous][quote=Anonymous]It's perfectly reasonable not to want to spend $400K if you have UVA as an option, but that doesn't make you donut hole. Some families don't even have that money for the luxury to choose. They have a way better case for being donut hole.[/quote] Give it a rest. There is no one definition of donut hole. The definition is: "the income range where families earn too much to qualify for significant need-based financial aid but not enough to [b]comfortably afford the full cost of college[/b]." Any reference to the term by news article or even by the universities themselves in their printed material states it in such terms and not attached to any specific income range. It is a fluid concept that varies by geographic area and individual family circumstances. Some families are very much in the donut hole at $400K because they started making that income last year or have job loss or whatever. [/quote]
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