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College and University Discussion
Reply to "Why do donut hole families"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think it’s insane that our $250K family did not get 1 penny FA for a $60K/year school. We were also not always $250K family, we were closer to $160/year, then $180K for a few years. Plus the $250 includes one of us having 2 jobs. My H is a cop and I was a GS-13 most our lives so we could not really save that much.[/quote] It's absurd to characterize 250k families as privileged in 2023. After taxes, there is not much left.[/quote] Yes, it is. Median household income in the United States is under $71K. It’s no one else’s fault that you *chose* to live in one of the most expensive housing markets in the country. DCUM’s ideas about income are delusional.[/quote] Silly teachers, nurses, fire fighters, etc choosing to live in expensive areas. They should all just commute a couple hours. [/quote] Actually teachers, nurses, fire fighters are all professions that are needed everywhere (in all geographic areas) unlike some jobs which are concentrated in certain areas. No one is saying to commute several hours but those are jobs where moving and working in a lower cost of living area would be beneficial. Personally I have an almost 2 year old and am looking at jobs in LCOL areas for this reason. I looked at my salary which is in the 80 percentile of the US and the fact that rent + unsubsidized daycare (I get a 10K childcare grant from my employer based on my income which helps) is more than I take home in a month. I realized have to get out of the Bay Area if I have any hope of savings, home ownership, second child, etc. I wish I could stay in California because I love it, have a great community here, lots of support, but it is financially unwise. And I drive a 20+ year old car which can't compensate for living in a HCOL area. So I get why people with 250K are scoffing at the idea that just being more frugal would solve their problem given how hard it is to make ends meet in HCOL area. I have a close friend in NYC who wants me to move there while she simultaneously complains about how much in debt her family is. I get the attachment to NYC but some of their financial problems would be eased by living elsewhere. It just reality. I do agree though that the system sucks and college should be more affordable for everyone. [/quote]
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