Reply to At what HHI level do you not receive financial aid?

Forum Index » College and University Discussion

Reply to "At what HHI level do you not receive financial aid?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]"225K is more than 5x the average HH income in the United States."

1.  People at that income level with kids in high school weren't making $225K 18 years ago.  They were making a fraction of it.
2.  I don't know anyone at that income level who has a vacation home, takes trips abroad all the time, etc. as described above.
3.  The average expenses in the metro DC area are far more than the average expenses of virtually everything in other parts of the country - especially wrt housing, the biggest expense of all.  So, "5x the average HHI in the US" is a meaningless statement.  So, e.g.:

DC vs. Tulsa:
https://www.numbeo.com/cost-of-living/compare_cities.jsp?country1=United+States&city1=Tulsa%2C+OK&country2=United+States&city2=Washington%2C+DC

DC vs. Kansas City MO:
https://www.numbeo.com/cost-of-living/compare_cities.jsp?country1=United+States&city1=Washington%2C+DC&country2=United+States&city2=Kansas+City%2C+MO

DC vs. Chicago, IL:
https://www.numbeo.com/cost-of-living/compare_cities.jsp?country1=United+States&city1=Washington%2C+DC&country2=United+States&city2=Chicago%2C+IL

DC vs. Manchester, NH:

https://www.numbeo.com/cost-of-living/compare_cities.jsp?country1=United+States&country2=United+States&city1=Washington%2C+DC&city2=Manchester%2C+NH&tracking=getDispatchComparison

And yet, people with the same HHI in those places will have the same EFC.

[/quote]

This is a similar problem for kids trying to qualify for free and reduce lunches. 
[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics