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Reply to "How do most middle to UMC families pay for college?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Life in the donut hole is brutal. Oldest went to Honors College at state flagship (small scholarship), second went OOS with large merit scholarship. Who knows what the third will do.[/quote] The donut hole is a myth created by parents who did not plan well. College isn’t exactly a surprise. You have two decades to save. It’s the same for retirement. [/quote] Not everyone has money leftover each month to save. I really didn’t make ends meet for years and when I did, I didn’t have money leftover to save. [/quote] Then you attend state u or any school that gives great merit and that you can afford. Or your kid lives at home does cc then onto state u. There are many ways to do college affordable. It just might not be 90k per year private schools. And that's a choice you made not to find a way to save. But the other 95% of universities can be affordable [/quote] He does live at home and attends CC and it still isn’t affordable. Not at all. The only way to make it affordable would have him graduating in appr. 10-12 yrs. [/quote] Our CC are about $6k per year. My kid earns $10-12 k working just summers and Xmas break. Not sure how that is not affordable. More could be earned working or during the school year quite easily. Then the 4 year is $25-30k for the final 2 years. It's doable for most kids and it's minimal loans [/quote] A lot Americans still look down on community colleges. [/quote]
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