411–420 of 487 posts
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Are you suggesting education is like potatoes?
I would say it is more a service, like a massage or a week in a resort hotel.
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I live in Belgium, we earn quite a lot less on average indeed. However why would we need so much money? We can go to hospital, or even 20 times visit a dentist for that matter, without expensive insurance and without the fear of bankruptcy. We can have kids without fear of not being able to pay kintergarten.
Kindergarten is free in the US. Also the vast majority of people pay a relatively small amount of their income for health insurance (and of course it’s free for 65+ who are the primary consumers).
I never like these hard cut-offs. We should establish a name/expression for all these rules a simple wording which represents 200k=0% and eg. 250k=100% or something. Otherwise we always have a situation where making more money suddenly leads to less net
This is a great step in the right direction. I can't speak directly for MIT, but there are issues with how these programs don't apply to parents with small family businesses. My parents had a small business, with my father taking home a salary of $XX,XXX. Duke University used the business assets to determine the EFC (expected family contribution) of literally 90% of the salary. Essentially saying to sell off the fami…
I never like these hard cut-offs. We should establish a name/expression for all these rules a simple wording which represents 200k=0% and eg. 250k=100% or something. Otherwise we always have a situation where making more money suddenly leads to less net
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Approximately 60% of American households earn less than $100K. That's quite a difference in relative size.
Households with earners in their 20's and early 30's don't tend to have a lot of children of university age. One would want to use the median income of households with university-aged children. (Median income by age rises sharply from 20->40, then flatlines... the median age of a mother is around 27?)
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Are you suggesting education is like potatoes?
I would say it is more a service, like a massage or a week in a resort hotel.