04-15-2022, 12:06 PM
(04-15-2022, 10:32 AM)sanantone Wrote: Several of the Ivy Plus schools cover tuition for families that earn up to $125k, which is upper middle class. Some of the public universities in Texas cover families up to $60k, which is middle class and close to the median household income in Texas.
This kid got into some highly selective schools, though. Sometimes, these stories involve applicants who were accepted by dozens of schools with acceptance rates above 50%. Of course if you apply to 100 less selective schools, you're going to get into a bunch of them.
$125k is upper middle class nationally, but it certainly isn't on a state-by-state basis. If you live in San Francisco or LA or San Diego for instance, this is required to be able to find a place to rent. You can barely make it on $125k.
I hate stats like that, they have never applied to anyone I knew, as someone who was born and raised in CA. Median home price, median income, none of it.
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