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[quote=Anonymous][quote=Anonymous]Wealthy families are probably the most skilled at hiding
 assets and minimizing income. How will schools know if they answer "no" they aren't the beneficiary of a trust? The wealthiest households have many strategies here and mc (and even upper mc) are pretty much always in a tough spo regarding college affordability. Even for upper middle class families with income ranges in $200'sk to $400k, $70k is unaffordable.[/quote]

70-90k per year is affordable for the 300k+, you could easily have saved enough for 1/3 of it and can pay the rest from your paycheck. It is a choice to make 300-400k and "not be able to afford" 90k. Below 300k there is at least some need based aid at T25, more at the top schools where COA at ivy or JHU can be 40k instead of 90k for incomes in the 250k range. We make 550k, live in the DMV with a 4k monthly mortgage, and are paying for TWO at ivies (93k+ 91k all in)concurrently despite not being able to get much into a 529 due to choosing K-12. It is called budgeting and planning, forgoing the 15k vacations for a cheap beach trip, driving old cars, cooking at home. Our good friends chose parochial school then governors school(free), and are also paying out of pocket for two at T15/ivy, third will likely end up at similar. They had more 529 and make a little less but have a bigger house because they save on k-12.[/quote]

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