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College and University Discussion
Reply to "Middle class families - Are you willing to take on a ton of debt for a top college?"
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[quote=Anonymous][quote=Anonymous]Are there REALLY college-educated, professional adults who work full-time who cannot afford $6k a month to pay for their kid to go to an Ivy League school? Unless you got stuck with a stay-at-home or have 5 kids, this is unfathomable to me. [/quote] I'm going to assume that you really are that out of touch, that you are truly that insulated in your bubble, and this is a real question. DH and I are professional adults, both with graduate degrees. Our HHI is $220. We have two children. We have not always made this much. Our take-home net pay after retirement, health insurance, etc. is about $10,500/month. Is it rational to think that we can dedicate $6K/month (and rising each year) to one child's higher education and live on the remainder?[/quote]
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