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College and University Discussion
Reply to "FAFSA - is middle-class waste time applying?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If my income was $300k I would have zero problems being able to pay for my kid to go to an expensive, private college. You need a dose of reality[/quote] No necessarily true! 300k sounds a lot. But after tax, medical and retirement deduction, it is lucky if could take home half of it. With other kids to support, who can afford to use 50% of take home money paying for one kid’s college expenses?[/quote] +1 We are paying for two college tuitions right now, at OOS schools with merit aid. There is NO WAY we could pay for an expensive, private college without feeling the effects of it. We don’t take lavish vacations nor live beyond our means — a good chunk of our money goes into retirement accounts and ensuring we have ample savings in the event of a shutdown.[/quote]
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