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[quote=Anonymous][quote=Anonymous]Once again, this list, which is the same list as the WSJ list thread only pulls numbers "For undergraduate students receiving federal financial aid".

That is why the list doesn't mean what you think it means, OP.  Did you even bother reading that part?

There are lots of donut families who don't receive federal aid.

There are families who pay for college with 529.

Typically, state univ are cheaper and don't require that much federal aid.

So, once again, that metric is really only meaningful if you take federal loans.  The majority of students/families do not take out federal loans.

Now, do you understand why this list is meaningless?[/quote]

Quick Google returns.
https://www.bankrate.com/loans/student-loans/fafsa-statistics/#stats

"According to the National Center for Education Statistics, over 85 percent of students receive some form of financial aid"
State schools would have higher percentage than average.

We are relatively high income family HHI close to $300K.  We are kind of like donut family.
Of course we didn't receive any grant, but used student subsidized loan(interest free while in school) and parent plus loans. 
We are counted.

If you are UMC with 529 or savings or whatever and declined any loan, then you are not counted, but you are small percentage.
So it's not perfect, but the best source.
[/quote]

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