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College and University Discussion
Reply to "Donut hole reality "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Part of why it's gotten so insanely expensive to go to many colleges is [b]because families that are UMC are expected to shoulder not just the cost of their own kid attending but all the kids that are attending for free or at low rates.[/b] I want those kids to go to college too but that should be funded from either government money or endowments not jacking up tuition on other families struggling to pay for school too. [/quote] đŸ’¯ [/quote] That’s the big secret of the schools that no one talks about. Who is really funding all of the need blind awards. It’s not the endowments. And it’s def not the government. It’s the fact that tuition goes up every year and insane amount and families with over $300,000 in income are expected to be full pay. That is robbery from one group to satisfy the other.[/quote] At 300k you can afford it. It’s those of us making half that [/quote] np.. $300K HHI cannot afford $100K/year college for two kids. Are you joking? 35% already goes to taxes; the rest would go to paying for college. What do they live on? And before you say, "they should've saved for college": you assume that the $300K HHI couple were making that much when the kids were born. Also, people still need to save fore retirement. Ageism is real. My spouse and I are feeling it. We will probably be forced into early retirement, with no health benefits. [/quote] they should've saved for college[/quote]
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