Reply to Can we stop referring to households making $200 or 300K a year as "middle class"?

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Reply to "Can we stop referring to households making $200 or 300K a year as "middle class"?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]That is an amazingly stupid article. "For the love of all that is good...?" Right there you know you are reading an idiot. Standard table show that the middle class varies form place to place b/c of cost of living. How hard is that to understand? When every home in the neighborhood cost north of $1M ( many neighbors in the DC area) for a simple 4 bdrm older home,[b] the cost of college is $40K [/b]+, insurance for self employed workers is sky high, cars cost plenty also, daycare (shocking high to me), self pay retirement there goes that $200K into simple expenses. And if your job depends on working for a company based in DC -- you are stuck here. So whatever -- if you lived in some rural flyover state, you would be rich, but where's the job?[/quote]

Private college, other than the small number of need blind/full need schools, is absolutely a luxury reserved for people who fall into one of 3 categories.  1) Wealthy, 2) Kids who earn substantial scholarships, 3) Families willing to make major sacrifices, whether that's unhealthy amounts of debt or living far below their means (e.g. no car, small apartment) to save.  [/quote]

College -- $40K = 2 kids. Even state college is 20K[/quote]

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