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Reply to "What is a "donut hole family"?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Could someone please explain, because it [b]sounds like people with nice resources feeling entitled to more than they can afford[/b].[/quote] Sounds like you've defined it for yourself and are angling for a fight.[/quote] It sounds like you disagree with someone's opinion. Does it hit a little too close?[/quote] I'm not pp, but allow me to chime in here. I'll also disclose that our kids' 529s are way more than enough for college, so I have no personal dog in this fight. Here are my comments: why do you have to be confrontational and nasty about a substantive discussion? Who cares if pp defines themself as a donut hole family; what's the point of your "does it hit a little too close?" jibe? You're just being a jerk. And for what it's worth I agree with pp that the OP was angling for a fight in "asking a question" while putting forth a definition that was value-laden and judgmental.[/quote] Actually sounds like you want a fight. Meh, have at it. [b]I didn't throw the first punch.[/b] Since when is asking honestly for clarification of someone's/many ones whines about their perceived oppression "angling for a fight"?[b] I've never heard the term donut hole family, except here.[/b] If you want sympathy for your donut hole-ness coming out swinging at someone who doesn't agree with you, really isn't the way to do it.[/quote] OP threw the first punch. The term "donut hole" or "doughnut hole" to refer to families too rich to get need-based aid and too poor to pay full freight is in common usage: https://www.marketplace.org/2021/01/27/finding-affordable-college-merit-scholarship-need-based-aid-fafsa-full-tuition-ron-lieber/ [i]And it’s grown increasingly tricky for middle-class families who fall into the so-called “doughnut hole” of financial aid. That’s when you earn too much money to qualify for significant need-based aid through the Free Application for Federal Student Aid (FAFSA) but too little to pay the full price out of pocket. [/i] https://www.washingtonpost.com/news/get-there/wp/2015/01/29/middle-class-families-are-fed-up-with-their-financial-aid-options/ [i]It’s also important to remember, though, that colleges and states are setting aside more money for students whose families earn as much as $150,000, if not more in some cases. Schools have been using a portion of the money they once earmarked for the neediest kids to attract students in the “donut hole” of financial aid.[/i] https://hathawaycollegefunding.com/financial-aid-donut-hole/ [i]FREE LIVE TRAINING: Stuck in the Financial Aid Donut Hole? Are you worried that you make too much money to qualify for scholarships and grants? If this describes you, you can't afford to miss this FREE live training![/i][/quote]
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