Reply to making $250-$400K in NW DC and paying for college out of Wilson High school or similar

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Reply to "making $250-$400K in NW DC and paying for college out of Wilson High school or similar"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]What are you really asking here? You honestly think you deserve financial aid at 250-400k? And no, unless your kid is spectacular you're not going to get merit aid at the top schools. The ivies don't give any merit aid at all. Now if you're kid is ivy material and chooses a bottom top tier school, he/she might get some aid but not enough to cover 60-70k a year.

Why haven't you been saving all along for this?! You knew this huge expense would be coming up.[/quote]

12:37 here.  We have been saving, since Day 1.  Obviously we were not making a HHI of $250K at that time, and along the way we have had significant expenses.  So, our savings of about $300K for two kids will have to suffice.

OP isn't suggesting s/he "deserves" need-based aid.  S/he is asking how people in this income bracket pull it off.

The answer, at least in our house, is that top-tier schools that don't award merit aid are not on the list.  [/quote]

OP here.  Ditto the previous poster.  
We are saving.  I never said we weren't saving.  
(I love how posters on DCUM immediately go on the pitt bull attack. :roll: )

However, saving in the abstract when your kids are young (ours are in 1st and 4th) and hearing actual stories from neighborhood kids (or kids on this website) who are entering college are two different things.  [/quote]

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