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College and University Discussion
Reply to "2025 & 2026 donut hole families"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What is definition of donut hole income for DMV? Just curious - I am guessing HHI $200k-$500k? I have $700k HHI and 3 kids in private; i do. Ot consider myself donut hole - it sucks to have to pay $90k/yr for college but i feel lucky to be able to afford it. It is confusing when i hear peers talk about donut hole, because we are so so lucky to have what we have and i can’t complain.[/quote] 150-225 is donut hole. maybe 250. not 700 lol[/quote] +1 :roll: at someone with $500k+ whining about paying for college. Especially when they are already comfortably paying for private school. That's probably costing you something like $50-$60k, right? So paying $90k/yr for college is the same hit to your pre-college budget as the public school family paying for their in state public college. And I should hope at the income level you have a lot more slack in your budget to pay for it. If not, you must be really bad with money.[/quote] I cannot imagine paying $40K+ for private K-12 (or even HS alone) and not having enough saved for college for the kids. [/quote] Exactly. Its about lifestyle choices. There are good reasons to send a kid to private with SN or learning disabilities but for most kids, tutors are just fine.[/quote]
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