Reply to The New America: Elite Privates forever out of reach for UMC?

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[quote=Anonymous][quote=Anonymous]I know it depends on how you define UMC.  Let's say donut hole families which are so common in high COL areas.  Above 100k income approx, but not enough to shell out 300K cash for a bachelor's degree.  Not eligible for need based aid at IVY's and other elite privates.  Guess these schools don't care that there is a segment of the population which can no longer afford their services.  It's too small a demographic perhaps?  The 80th to 90th income percentiles, again approx.  Not sure what would be the threshold HHI in a high COL area to be able to spend 75K comfortably out of pocket or savings while affording a single family home in a decent neighborhood with good schools (forget private).  Especially for multiple children.  In other words a basic middle class life as it used to be defined.

I'm older and I would say that this started being an issue around 2000.  The younger UMC demographic seems to be a key segment of Bernie's support.  Is it any wonder?  Not that [i]any[/i] bachelor's degree is worth 300K.

One aspect of the new American inequality:  the proletarianization of the everyone under the plutocracy.

[/quote]

If these institutions don’t want your kid, why do you give them power over you?[/quote]

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