| that person earning 175K was supposed to be saving all along (let's assume they didn't get a 100K raise last years). Nobody expects them to pay 40K out of current income. The person earning 54K would never have been able to save as much as someone earning 175K, no matter what neighborhood they live in.
lets say someone with 175K income has efc of 45K and the one with 54K income has efc of 13K, it's about the same percentage.
But you know what, both families pay the same for that gallon of milk and loaf of bread and gallon of gas. |