Anonymous wrote:This is very true about income being a poor benchmark. What about huge savings accounts? Seems arbitrary.
Anonymous wrote:This is very true about income being a poor benchmark. What about huge savings accounts? Seems arbitrary.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Well, it's hard to cry about people who make >$450k failing to qualify. Obviously, they can afford whatever college their kid can get into. How many people does this really affect? BUT I oppose it. Do states means test their residents for in state tuition? No. It sounds like the beginning of the end of TAG. I just missed having that option for college & I'll be pissed if my kids don't have it, either.
nobody is crying about people who make that much -- nor should they be -- but you should be worried if this is one more factor encouraging people that make that much to leave the city and then losing all of that tax revenue. Another $80-$120K that a family may have to pay may be a factor btw/ that person deciding to move to VA or stay in DC.
Honestly the way in-state tuition is being chipped away in many states, I wouldn't be surprised if states moved to means testing for their own residents soon.
Anonymous wrote:Anonymous wrote:Well, it's hard to cry about people who make >$450k failing to qualify. Obviously, they can afford whatever college their kid can get into. How many people does this really affect? BUT I oppose it. Do states means test their residents for in state tuition? No. It sounds like the beginning of the end of TAG. I just missed having that option for college & I'll be pissed if my kids don't have it, either.
You are sorely mistaken. 450 comes to about 250 after tax. That's great, don't get me wrong, but college kills that. A school with a sticker price of 60k (all-in) is a huge hit to that 250 number. One kid, still okay for four years. Multiple kids? Try again.
Incomes around 300-500k are hit the hardest by college. Not enough income to pay without feeling a very serious constraint but too much for any financial aid.
Anonymous wrote:Big picture -- DC does not have a public higher education system option, unlike every state in the Union. There are no means tests for in-state tuition at any state schools, even if income would impact potential financial aid.
Just because the bar is set somewhat high does not mean that a bar should be set at all. The purpose of DCTAG is to provide DC residents with a comparable public/regional school option that does not otherwise exist. It's not intended as a giveaway, and it pales in comparison to the enormous federal subsidies the feds already provide to higher education in various forms (loans, grants, trusts, etc). DC students get hit twice -- once by not have the lower cost public option and secondly by being forced to pay a premium out out of state schools. DC TAG offsets this inequity. It should be retained, if not expanded to keep up with the inflationary costs of out of state tuition.
jsteele wrote:Anonymous wrote:TAG falls outside the mandate of universal education, so I'm OK with this.
If you earn more than $450,000 and don't feel your child is being challenged enough by the public schools, you have the means to go private. Since your kid is smart enough to get TAG resources anyway, admission shouldn't be a problem. Just pay the tuition.
This is the DC Schools forum, not VA Schools forum. "DC TAG" is not "TAG".