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College and University Discussion
Reply to "If you consider yourself a “donut hole” family "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Not donut hole; but $475k HHIwith both our incomes—but with more than one kid in college and another as a private HS it feels like it. Not in-state 2 kids at same time in college is $185-195k/year tuition (same college; no aid). 3rd kid $35k HS (last year). It’s more than 1/2 our salaries [/quote] What assets/retirement/equity?[/quote] Too many. Having a Rental house killed us in the calculations. We would have been better off blowing all of that $ on frivolous things for FA purposes. [/quote] Imagine wishing you were broke so you didn’t have to pay for your child’s education. I’d rather actually have so many assets I don’t qualify (which is what I do have.)[/quote] Those poors have all the luck!!! Americas most crazy UMC parents never fail.[/quote] We both grew up poor so it took A LOT of hard work and long hours and frugal living to get where we are—certainly not living the high life with a 2006 Toyota. [/quote] Would you rather financial aid be given to kids like you were then, so they have the opportunity to work hard and achieve like you did, or to kids like yours? [/quote]
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