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College and University Discussion
Reply to "Donut hole reality "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]That’s not donut hole. That’s a comfortable family. The rest of our kids go to state schools. [/quote] This. If you have sticker shock, but the ability to pay you aren't really a donut hole. [/quote] Ability to pay is often at the cost of liquidating retirement funds, home equity, life style and nursing home savings.[/quote] Shouldn't be. The top schools have excellent need based FA. Many who would be a fafsa doughnut hole would get FA. To be paying full price means, you are well off in earnings and non-retirement assets. Even home equity is often capped (not 2nd or 3rd home of course). The real problem is failing to save. No one should expect to cashflow college. We started saving when kids in elementary and thought we were late to the game. [/quote]
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