Reply to What is a "donut hole family"?

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[quote=Anonymous][quote=Anonymous]A family that makes just enough to not qualify for any financial aid and he has to be full pay.

It was my family.  My parents only let us apply in-state.  Pricey privates, ivies, etc., were off the list.  We would have had to take out massive loans.

My husband grew up poor with a single mom.  He had full ride and Pell grants to just about every Ivy and JHU, MIT.   He really couldn't understand at first--yeah---hey some of us also had perfect test scores and were top of our class BUT our options for college were limited.  You get snobs that judge on pricey top 10 schools--and I made sure he understood full and well how many brilliant people that came out of my state university.

My own kids are in a situation where we will not qualify for any aid, but we are better off than my parents and they don't have limitations on where they can apply...though with reason.  We still need to have a cost-benefit analysis.

$150k isn't rich for DC or California, especially if a family has multiple kids--housing costs are through the roof, COL is very high, but they still won't qualify for FSA.  That's how it works.[/quote]

Funny, we managed to save for a 4 year state school plus room and board and a little extra on much less than that.  No family help.  We saved, don't take a lot of vacations (every 4-5 years at best), and live in a sh#t shack.  It can be done if you want to.[/quote]

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