Reply to What is a "donut hole family"?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Nobody in their right mind thinks college cost increases over the past 25 years are not exorbitant.

and congress wants to put a cap on nurses pay, come on let's put some regulations around college costs.[/quote]

I don’t disagree with you, at all. But [b]I still don’t believe there’s any such thing as a donut hole family. [/b][/quote]

You are right.  There is no such thing as a donut hole family.  There are only families who refuse to liquidate their retirement funds, forgo their annual week at the beach, sell or remortgage their family homes, work until they are 80.  These people are selfish and stingy when they choose not to pay $320K per child and rising for their kids' undergraduate degrees, because if they only tried a little harder, they could pull it off.  Cheapskates.[/quote]

Are you so blind to reality that you don't realize there are options between $320k/kid and "your kids can't go to college"?  If you can't try a little harder to save, then try a little harder to master a cost/benefit analysis.  [b]If your vacation is an annual week at the beach, then expensive private schools are not for you![/b]  Send Larlo to Whatever State Tech and stop feeling sorry for yourself.[/quote]

Isn't this the problem? Expensive schools are for the wealthy....??? wtf?? Can you not see a problem with what you typed?[/quote]

And luxury cars and luxury homes are for the wealthy and private K-12 are for the wealthy.  Life is about choices.

Ultimately, only a extremely small percentage of kids can even attend/get accepted at an "elite university" as there are not that many available seats.  So it's not an option to get accepted for 99.9999% of students anyhow. Yet, nobody is saying you can't get an education.  There are affordable options.  Focus on what you can afford and search for merit and find the best fit for your kid---that includes affordability.

Most of life is about choices and for the majority of us, we can't afford the luxury choices anywhere in life.  [/quote]

4-year state universities are becoming a luxury too unfortunately, but there will always be community college at least.[/quote]

IDK, we could not afford to send our kids to private K-12, so guess what? We didn't.  Not everyone is living large. [/quote]

Trades are a good option if you cannot afford college anywhere.[/quote]

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