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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m always amazed at people who blame “lack of planning” when people don’t have $300K saved for their kid’s education. Some people simply can’t put that much money into a 529 because, wait for it, they simply don’t make enough money to do so. No amount of scrimping, saving, driving beater cars, not taking vacations, will change that. It’s not a character flaw that they don’t have a $300K 529 and I wish people would stop making it sound like it is.[/quote]

For families with financial need, there is financial aid.  This thread is about merit aid and why many  top schools don’t offer it.  No one is saying that everyone should have saved $300K for college.  What we are saying is that people without financial need are not entitled to a subsidized elite education and that the cost of such education is a surprise to no one paying attention.  OP managed to save $160K for college and OP’s student can use that money to get through college debt free and is in better position than many.  Do we sympathize that OP cannot afford to send her child to Wellesley with the amount of money she has already saved?  No we do not.[/quote]

+1000[/quote]

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