Reply to NY Times Article by Mother Who Invested in Child vs. Saving for College

Forum Index » College and University Discussion

Reply to "NY Times Article by Mother Who Invested in Child vs. Saving for College"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]It is a ridiculous article. They have 6, yes SIX, kids and make under 50,000 dollars a year. There is no way they could save for college anyway with so many kids.[b] Their kids will get financial aid and they probably pay no federal taxes[/b]. The author has a 4 year degree that her grandparents paid for so she got to enjoy college while her kids will do work study and may have loans. [/quote]

Recent college graduate here - my parents make about $60k a year and while I did get a good amount of aid in my freshman year, that dried up quickly and by the time I graduated I was receiving $0 in grants and the only "aid" I got was offered loans and federal work-study. This is all determined by FAFSA so it wouldn't have made a difference what school I attended.

Second, I now make $51k/year and I can guarantee you that I pay plenty of federal taxes.

You really have no idea what you're talking about.

:roll:[/quote]

Are you married with six kids?  Do you have a mortgage?  I doubt it.  Both of those things are major tax deductions that generally result in paying very little in taxes.  You are young still....please have some hubris and don't assume that you know everything.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics