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College and University Discussion
Reply to "Do families with $250K in income get financial aid? If not, how do they afford college?"
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[quote=Anonymous]Your kid can always take out loans OP. If you have only 1 kid in 7th grade and $136K in a 529, you're better off than most parents. Other than that 250K/year is a lot of money. Yes, a lot goes to taxes, but if you have a monthly mortgage/rent that isn't exorbitant and don't have a taste for fancy cars or have major medical bills, 250K is in the top 5% of household incomes in the country (even if it's DCUM poor).[/quote]
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