How do middle class families afford Georgetown?

ChangeTheGame
Sat, 25 Aug 2018 19:39:34 +0000

@exlibris97 I am assuming the 5% number you are using is not household income but individual income, because the last numbers I have seen on household income show about a quarter of all households have reached $100,000 dollar incomes in the US.

@itsgettingreal17 Totally agree. Whether some borrow hundreds of thousands of dollars for their kids, save hundreds of thousands of dollars for their kids, or say that are not funding anything for their kids, I stay away from judging what others decide because I have a say with my own children’s decision and the circumstances in my household may not match anyone else’s. I have seen some on track to saving everything needed and something unexpected (illness, death, etc.) changes everything. For others it may a belief (No school is worth $75,000 dollars a year) and for others, it is simply unattainable based on the current costs to fund their households. Is it possible to save enough to fund such an education? Yes. Is it easy? Definitely not. Is it the norm? I don’t think so but I could be wrong.