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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Most high stats kids from donuts hole families give up on elite schools and go to the in state flagship  [/quote]

This is us. Our HHI is $145K. We didn't qualify for much FA, despite the fact that $80K per year is more than half our HHI!! Crazy. 
State schools for our kids. 
Meaning, the best and the brightest are NOT going to the Ivies or the SLACs like Amherst, Williams, Swarthmore, etc. 
My kids should be at these schools, but we can't afford to send them there. [/quote]

Do you have a kid in college? Have you actually applied for financial aid? Our HHi is a bit higher than yours (in the 180ish range), and we have definitely qualified for significant financial aid at "expensive" schools. I could see that you don't qualify if you have other significant non-retirement assets, but, if you are making less than $150,000 and don't own multiple properties or have 6 figures in stocks/brokerage accounts/or shares of a private corp., you will get financial aid at a lot of schools. It may not be enough, but, that is a different argument. [/quote]

Nope, NPC was way the hell off for my kid last year.  NPC stated we would get ~40K yr/aid, we weren’t offered anything and our HHI is lower than yours. How on earth did you get aid with that HHI?  Impressive, though, good for you. 
Recognizing that everyone’s financial situation differs, it’s still a frustrating  process.[/quote]

I think you can get aid with a 180HHI if you live in a huge house with a huge mortgage, have large car payments (you can pay $50K+ for a Toyota, which is not considered a "luxury" car), and very little non-retirement savings.

We had $350K saved for college, and the colleges wanted us to spend it all on Child #1, leaving almost nothing for Child $2 and Child #3.

Our oldest child got a gigantic merit aid (full tuition) at an OOS public, so that's where she went.

We'd thought $100K per child was a reasonable amount of college savings. We were so wrong, but we do not have the income to save the $1M some earlier posters on this thread bragged about saving for college.

It's a very broken system when college costs about $10K per month! [/quote]

Againn, more evidence of how people try to game the system. I guess we were stupid for driving old cars until they died and saving for retirement. [/quote]

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