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Reply to "At what HH income level will private schools give aid?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I know a family with two college prof parents (private fancy) and they get aid. [/quote] You would be shocked at how little professors can make, even tenured ones at universities like Georgetown. The range in my field (humanities) is huge--$50k-$150k--for tenured faculty. Also, many professors on the DC area work on a contract basis ( ie, not tenured or tenure track), and earn as little as $3K per class.[/quote] But there are people lining up for those jobs. A tenured professor has plenty of opportunities for outside income and numerous perks. A friend of mine is a professor at a top 25 university. Required to teach 8 hours TOTAL each year - not credit hours - 8 hours - 480 minutes per year. Adjunct professors teach for reasons other than comp. [/quote] Clearly not an academic. I work 55+ hour weeks all year long despite only teaching 6 classes a year. Paid 55,000ish. Absolutely no time or opportunity (I'm humanities) for outside money. I do it for more than the compensation (I am so very luck to have a job I love), but this post is nuts. We will not be able to swing tuition for two except at one of the cheaper schools despite my husband making almost twice what I do. And even then it will be very, very tight. I feel like we make a lot of money and yet have no money (live in 700 sq. foot condo with outrageous mortgage is only so-so school district). It's tough in DC and I would trust schools to decide what a family can pay and if they need help.[/quote]
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