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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][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]

Disagree. We make under 150 and can swing 50k/year, so if someone made 150k more than that, they could easily save/cashflow another 30k from what we have. Even in DC, you all do very well and would totally have thus covered with priorities/savings over time unless you have huge medical expenses (which could be deducted from your income on css, and you'd probably get aid then, same for multiples in at same time). I would not call 300k per year without special circumstances donut hole. [/quote]

You clearly have substantial savings built up across the years if you are able to afford 50k a year. I'm doing some back of the envelope calculations and with some assumptions regarding age, I'm reasonably assuming you have a low to non existent mortgage from buying a house long ago that allows you to do this. The vast majority of American families making 150k or under cannot cashflow 50k/year for college unless they aggressively built up significant savings, which is theoretically doable and some definitely do it. But many people have also suffered unemployment, other expenses, only came late to decent salaries in their careers and so forth.

[/quote]

+1
This poster is on all of these threads saying how she can afford an ivy full price with hhi under $150k and everyone with higher incomes who can’t has been squandering their $ on mansions and bmws. I mean EVERY thread with costs, she pops up. I call BS. Her math NEVER adds up.[/quote]

Maybe she lived frugally for many years and put the money in a college fund. Some people have very different lifestyles and priorities.[/quote]

Yeah maybe she lives like Mother Teresa. In North Dakota. And bought her house 30 years ago.[/quote]

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