I'm the poster above. One more thing. 125K HHI is in the top 2-3% of incomes for the nation. Get a clue.

You cannot be saying that 125K is lower income. I work with lower income kids. Lower income is a family of 6 living on 20k a year and I know hundreds of families in that position. Or the family of 4 living on 25K.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think you are the “donut hole “ family income.
UMI families 150k-300k to rich for financial aid and to poor to pay full tuition.

Absolutely, and for the record the donut hole starts lower than 150k, anything over 100k is in the hole.

No, its a term to justify not saving for college. Many of us save on $100-150K and we tell our kids they will go to state schools that we can afford.

Wow. You’re a good little sheepling who knows their place, aren’t you?

That PP makes let’s say $125k, they can afford instate tuition but only if the child lives home. Which is fine. Not ideal, but a good option for lower income families.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think you are the “donut hole “ family income.
UMI families 150k-300k to rich for financial aid and to poor to pay full tuition.

Absolutely, and for the record the donut hole starts lower than 150k, anything over 100k is in the hole.

No, its a term to justify not saving for college. Many of us save on $100-150K and we tell our kids they will go to state schools that we can afford.

Wow. You’re a good little sheepling who knows their place, aren’t you?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think you are the “donut hole “ family income.
UMI families 150k-300k to rich for financial aid and to poor to pay full tuition.

Absolutely, and for the record the donut hole starts lower than 150k, anything over 100k is in the hole.

No, its a term to justify not saving for college. Many of us save on $100-150K and we tell our kids they will go to state schools that we can afford.

You still didn’t receive financial aid, and saving or paying outright is felt by your family. Still in the donut hole.

We aren't a donut hole. Donut hole are for complainers who prefer larger/more expensive houses and vacations to saving for college. I have no idea if we will get aid or no as ours are in elementary school and we've been saving since birth. I tell my kids they can apply out but ultimately it will come to money as we don't want them taking loans.

Okay idiot. Stay in the elementary school board, cause you obviously do not know what you are talking about.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think you are the “donut hole “ family income.
UMI families 150k-300k to rich for financial aid and to poor to pay full tuition.

No, they have a spending problem if they make that income and have an $850K house.

We don’t know the equity of the house and when he bought it.


I am also in the donut hole family income and I am sending my DD to state college and I am not willing to pay around 300k for college.

If they say $850, that is what they spent. If they have equity, they can pull out the equity to pay for college. If we could afford to pay cash for $300K for college, I would depending on the school. We cannot do it reasonably and want to pay for grad school so we are clear state school. Luckily so far ours is happy to go to our state school so its not an issue.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think you are the “donut hole “ family income.
UMI families 150k-300k to rich for financial aid and to poor to pay full tuition.

Absolutely, and for the record the donut hole starts lower than 150k, anything over 100k is in the hole.

No, its a term to justify not saving for college. Many of us save on $100-150K and we tell our kids they will go to state schools that we can afford.

You still didn’t receive financial aid, and saving or paying outright is felt by your family. Still in the donut hole.

We aren't a donut hole. Donut hole are for complainers who prefer larger/more expensive houses and vacations to saving for college. I have no idea if we will get aid or no as ours are in elementary school and we've been saving since birth. I tell my kids they can apply out but ultimately it will come to money as we don't want them taking loans.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think you are the “donut hole “ family income.
UMI families 150k-300k to rich for financial aid and to poor to pay full tuition.

Absolutely, and for the record the donut hole starts lower than 150k, anything over 100k is in the hole.

No, its a term to justify not saving for college. Many of us save on $100-150K and we tell our kids they will go to state schools that we can afford.

You still didn’t receive financial aid, and saving or paying outright is felt by your family. Still in the donut hole.

Anonymous wrote:

Anonymous wrote:I think you are the “donut hole “ family income.
UMI families 150k-300k to rich for financial aid and to poor to pay full tuition.

No, they have a spending problem if they make that income and have an $850K house.

We don’t know the equity of the house and when he bought it.


I am also in the donut hole family income and I am sending my DD to state college and I am not willing to pay around 300k for college.

Anonymous wrote:

Anonymous wrote:I think you are the “donut hole “ family income.
UMI families 150k-300k to rich for financial aid and to poor to pay full tuition.

Absolutely, and for the record the donut hole starts lower than 150k, anything over 100k is in the hole.

No, its a term to justify not saving for college. Many of us save on $100-150K and we tell our kids they will go to state schools that we can afford.

Anonymous wrote:I think you are the “donut hole “ family income.
UMI families 150k-300k to rich for financial aid and to poor to pay full tuition.

Absolutely, and for the record the donut hole starts lower than 150k, anything over 100k is in the hole.

Are you A A? First generation? Crew recruit? If not, don’t worry. Not getting in anyway.

Anonymous wrote:I think you are the “donut hole “ family income.
UMI families 150k-300k to rich for financial aid and to poor to pay full tuition.

No, they have a spending problem if they make that income and have an $850K house.

Anonymous wrote:My daughter is a junior in high school, and has her eyes set on Yale. I was doing some research on the cost of attending and, although they say their goal is not to make families take out loans, I just don't think that is possible. We live in Fairfax County, as most of you know, the cost of living is very high. We make a good salary, but not anything special for this area - above $150,000 but less than $180,000. When I did the net price calculator at Yale, the amount we would pay is around $45,000.

I was wondering if someone who has sent their child to Yale or a similar Ivy League school could provide information on financial aid packages at these schools. I would have to believe they would take the area we live in into consideration as the income we make here is not really that high when factoring in housing and cost of living.

Thank you.

Do you understand that in all likelihood your child won't get into Yale. I know nothing about her, but the odds are VERY low for each and every applicant.

So spend some time considering other schools and helping her have realistic expectations

As far as your Expected Family Contribution...pretty much everyone is shell shocked when they hear what they are expected to pay. That is why you need to save for years in advance. You can't normally just absorb if out of your annual salary.. It is also why so many kids go into debt. This is another reason you have to help your kid with realistic expectations.

And no, they don't take the cost of living in your area into account. You chose to live there, knowing the cost of college lies ahead down the road. Sorry if this sounds harsh. It is just what those of us with kids in college have already learned.

I am fortunate that my child was content going to a lower ranked school that offered her very generous merit aid. It offered her the SLAC environment she sought, and seemed like a good fit. So far, she is doing very well there. So take some encouragement from this (an alternative story than the one you envision).

I think you are the “donut hole “ family income.
UMI families 150k-300k to rich for financial aid and to poor to pay full tuition.