Reply to What is a "donut hole family"?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Typically a family that makes more than what qualifies for need-based aid but not enough *income* to pay tuition out of pocket without it having a huge impact on their lifestyle. Usually they don’t want to liquidate assets to make up the gap.[/quote]

Right, because it makes no sense to sell your house to send a kid to Harvard undergrad, when a mid-rank college is giving your kid a full ride merit scholarship.[/quote]

If it’s so obvious what they should choose, why are they so mad about choosing it?[/quote]

Really? You have to ask why it hurts to turn down Carnegie Mellon?[/quote]

Yes, really. I had fantastic stats and softs. But I only applied to state flagships (just like everyone else in my high school, in my grade, and the grade above me, and the grade below me, except for people who went to local religious schools). That’s the completely normal thing for almost everywhere in America. No idea why someone who already knows they can’t afford a fancy school would apply. [/quote]

You are simply admitting that you too are in the donut hole. Its a financial situation, not an attitude.[/quote]

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