Reply to Top Colleges Are Cheaper Than You Think (Unless You’re Rich)

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We're a two earner house, each making about 100K in the DC area. Modest suburban house,  two cars purchased used. Thrifty but not penny pinching lifestyle. From a paying for college perspective, it almost seems like one of us should quit our job and be a stay at home parent. Am I missing something?[/quote]

Respectfully, yes.  You are in the top 5% of US earners.

https://statisticalatlas.com/United-States/Household-Income

I know you don't feel rich, but you are certainly affluent compared to the other applicants.  These are the raw facts colleges have to deal with.  95% of their prospects earn less than you, and half earn less than 1/4.  [b]Yes it sucks but please tell me how else it could possibly be?[/b] [/quote]

They could take into account the cost of living in the area in which you live. 100k here is not a lot of money.  For those who earn 50% of this amount but live in Peoria (just an example), they may actually be better off.
[/quote]

Certainly some legitimacy to your point, but honestly, is seems like it would make a very marginal difference, particularly when you consider it is [b]fewer than 5% of colleges that are affected[/b].[/quote]

? what does this mean, fewer than 5% of the colleges are affected?[/quote]

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