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College and University Discussion
Reply to "Why the middle class has a huge disadvantage in admissions."
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[quote=Anonymous][quote=Anonymous]It is frustrating that if you make $250k now, the assumption is that you have been making $250k long enough to save $320k for your child's education. For those of us who only started making that amount of money when our child was in high school (with both parents working all along), that's not realistic. It's not the end of the world; our child will be fine. But it's quite the bucket of cold water to realize that a whole lot of schools are completely inaccessible to your kid, schools that would have been accessible a few years ago when we made $100k. And FWIW, I am fully aware that $250K is NOT middle class! It's a great income and we're grateful. But having that income now doesn't magically make $300k of savings appear.[/quote] I hear ya, sister!! Same.[/quote]
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