Reply to What is a "donut hole family"?

Forum Index » College and University Discussion

Reply to "What is a "donut hole family"?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]People who do not qualify for financial aid, but whose real economic situation means they can't afford expensive colleges even if their kids are admitted. They are the families whose kids turn down Carnegie Mellon and take the merit award at Pitt.[/quote]

But can’t they/don’t they take out loans to pay the tuition?[/quote]

A family earning around 250k is not going to take out loans to cover the 50k a year difference in cost between publics and privates for multiple kids unless they are utterly terrible with money [/quote]

If they made $199k do they get aid?  [/quote]

I think the magic number is 120K for a lot of aid, $150 gets some[/quote]

So if they drop their income down to 150 k they get aid.   So give up 100K in income to get aid or keep the high income and pay the tuition bill.  What is the difference?[/quote]

Any proof that 120k HHI get aid?  I do not know any one who received FINANCIAL aid in that bracket.  Merit aid is completely different.[/quote]

Obviously this is just an example.

https://college.harvard.edu/guides/financial-aid-fact-sheet[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics