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College and University Discussion
Reply to "Are top private colleges mainly for poor people now?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Often 2/3 of students at top ranked schools are getting need based aid that covers the vast majority of costs, on average. 200k is the typical cut off for need based aid (about the income level of a couple of school teachers at the peak of their careers aka “the wealthy”) It just seems these schools must be populated primarily with lower income kids and then 1/3 rich kids. I guess middle class kids end up at state school. [/quote] Poverty line is $35k per year. Median American income is $69k. $200 k annual warning is top 10% nationally. [/quote] $220K in DC area is considered MC. It depends on where you live.[/quote] Choosing to live in an expensive zip code doesn’t change what socioeconomic class you’re in.[/quote] Once again, people don't necessarily "choose" to live in a hcol; they go where the jobs are. Notice how during the pandemic when people could wfh, a lot of people moved out of higher col areas. But, now many are returning because companies are requiring RTO. [/quote] The median household income in Prince George’s County is $86k. Tell us the municipalities in which it’s $200k. Vienna? McLean? What about those screams “middle class”?[/quote] take it up with cnbc https://www.cnbc.com/2023/01/02/middle-class-income-in-major-us-cities.html I didn't write that article. You can ask the reporter who did.[/quote]
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