Reply to The New America: Elite Privates forever out of reach for UMC?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]When will people stop saying things like “how am I supposed to be able to afford $70,000 a year on a salary of $xxx after paying even modest living expenses”??!!  Did you really get to this point thinking you didn’t have to save ANYTHING in advance??!![/quote]

When will people finally understand many people didn't make a salary of $xxxx for many years? Some of the assumptions on here are sheer arrogance and breathtakingly ignorant. [/quote]

Here’s a novel idea. What if every time you got a raise or bonus, you put that extra money into a 529 plan, instead of increasing your living expenses to match the new salary?  What is breathtakingly ignorant is a claim that when you were “only” making $150k, or $170, or $190, you assumed that someone else would be giving you enough money to pay for college, and/or that you couldn’t possibly save a few dollars at those salary levels and still put food on the table. [/quote]

Here's a novel idea. Maybe there's a large grad school debt to pay off? Maybe there were years of unemployment during the last recession? Maybe there's needing to buy a house in a decent school district? Maybe there's health problems and special needs siblings. Maybe there's not hitting six figures until your kids were 12 and not being able to save that much until after that because before you wete aggressively paying down your own grad school loans and paying daycare. Maybe there's parents with limited future work life and need to protect their retirements. Or maybe, just maybe, there's the common "saving money every year and being responsible but still can't keep up with the massive increases in college tuition." Or maybe it's a combination of all the above.

The issue on this thread is not people with 200k HHI whining about not getting full scholarships but that the differential between what they are able to pay without going into debt or putting their kid into debt or risking their retirement and the financial aid the school may or may not offer.

I can tell you're probably a kid, or someone lucky enough to walk into six figures at your first job and don't realize how the trajectory is very different for many people. The entitlement in your post is disturbing in its arrogance.

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The only entitlement here is people making $150K a year bemoaning that they can’t afford an elite private university.   Doesn’t matter why. Get over yourselves. [/quote]

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