Reply to controversial opinion: money & finances edition

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]There is no donut hole in regards to college financial aid, just poor planning. [/quote]

It may well be that people plan poorly and you are entitled to your opinion that there is no donut hole.

The FACT is, however, that college costs relative to average household income have skyrocketed in the last few decades, such that the cost of college for people in 2018 is disproportionate in relation to their earnings in ways that it was not for their parents or grandparents.[/quote]

I said the above as a parent with two children in college.  College is a known cost for decades.    [/quote]

Yes, I have two children in college as well.  Full pay, no loans.

College is a known cost for decades.

The difference from a few decades ago, however, is that college costs relative to average household income have skyrocketed in the last few decades.  Therefore, the cost of college for people in 2018 is disproportionate in relation to their earnings in ways that it was not for their parents or grandparents.

This is not my opinion.  This is a fact.

https://www.marketwatch.com/graphics/college-debt-now-and-then/[/quote]

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