Reply to What is a "donut hole family"?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]No, you nailed it. It’s people who have enough money but because of other choices they made, don’t have it available for other choices they wish they could make with respect to expensive schools. [/quote]

I'm a WUSTL alumna.  We make $250,000 a year as a household. We do not qualify for financial aid.  DCs could get into WUSTL, but there's no way we could pay cash  for WUSTL.  It's over $87,000 a year.  I don't know what "lifestyle choices" would have allowed us to pay for three kids to go to an expensive school.

It's fine. We have excellent state school choices available to us. [/quote]

Live in less house, drive older cars, take less expensive vacations…[/quote]

They probably do all of these things. Why is there this weird cult on this site that always repeats these same things (new cars and expensive vacations!) even though no one indicates otherwise? It’s like you read an article once about people who overspend and now just assume that anyone who raises any issue with money is therefore doing that exact thing you read about.[/quote]

Most of them probably just had more kids than they could actually afford. [/quote]

Who are you to say what they can afford? Maybe they still love their child and are happy for their existence even if they can only afford state school. [/quote]

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