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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is why state flagships are seeing more and more high stats students.[/quote]

+100

Yale is 95-100K/year all in now.

They show that donut hole families have the lowest acceptance rate at these schools.

They want richy-rich or poor.  The first will yield and pay, the second will go for free or get a large chunk of need-based aid.

The donut hole have to really think if they can get by and figure out loans/financing on their own. More yield risk.[/quote]

There really isn't much of a donut hole for this tier. People making under 250k get aid. We are under 150k and got excellent aid. Are 300k+ incomes really donut hole? Not in the middle class person's book.[/quote]

$300k in a high cost area, like DC, is definitely a donut hole family.  Housing anywhere remotely inside the beltway is $800k-1 million+...this is with a 45 min+ commute.  Childcare costs are some of the highest in the nation.  People making $300k here aren't extravagant living lifestyles of the rich and famous. They are often two Fed GS-14s or below.  They aren't driving luxury cars, etc.

To swing $170-180k/year for two kids to attend a school like Georgetown or Yale is a sh*tload of $.  And for the reasons above ^^ saving in a 529 each year ---you will still need loans.  I'm not talking about families that bought their current "1.5 million+ home back when it cost $500k in the early 2000s.

Families like this gun for UVA or William & Mary as a sound investment and ROI and $ left for professional school.

They don't qualify for any aid anywhere.  [/quote]

And as others stated---these are families that did not get trust fund or inheritances and likely were paying off some of their own student loans.  It was THEIR OWN $ for the down payment on the house, etc. Grandparents aren't putting $ in the 529s--often these families are taking care of other members of the family financially---siblings or parents, etc.[/quote]

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