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College and University Discussion
Reply to "Spin off Donut family post"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You aren't a donut hole, you are wealthy and can afford to pay.[/quote] No, they aren't. Or are you not familiar with housing costs, insurance, property and other taxes, medical costs, etc. The bulk of a 300K salary is eaten up pretty quickly even w/o any luxuries. And it's gross that people seem to view college as a way to level the economic playing field. Why should 1 person pay $60K/year while another pays $15K? It's disgusting. Esp with how much these colleges have and can subsidize for ALL students.[/quote] You are making excuses. Many of us live on 1/2 that salary and manage to save just fine. $300K a year is wealthy. If you choose to buy a million dollar house, take lots of vacations and other things, then stop screaming poverty and send your kids to community college.[/quote] dp.. our gross income is $300k, but our AGI is more like $160K. I agree that if your AGI is $300K, you're in good financial shape to pay $80K/year, but I think you also have to think about the age of the person (we are in our late 50s), and how long the person has been making $300K. [/quote]
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