Price of UVa

<p>jags</p>

<p>with that middle class definition in your post, I will agree with you, though personally I would argue that if you’re in the top 5% of income earnings in the country, you are not middle class (or if you want to divide classes differently based on location, I could agree with that as well). I also acknowledge the difference between “rich” you make $300,000 a year, and “rich” you make like $3,000,000 a year. Contrary to what Fox (?) puts on TV, the median income in Orange County, CA is only just under $60,000. They all don’t make millions a year.</p>

<p>I don’t think the state (err… Commonwealth) will let UVA go private, because if that happens the whole state suffers. You will have not only the instate students / prospective students complaining, but people with no kids complaining as well.</p>

<p>thrills4ever : no, im a junior</p>

<p>I will apply next year tho :)</p>

<p>Little about me:
SATs: 200M 200 CR 200 W = 600total
GPA: 0.0021
SAT2s havent taken any
rank: my counsler said I would cry if she told me (it must be that good :D)
ECs: nationally ranked glass blower, research at institute of feet sniffing, i can do a summersalt, i can eat a whole box of pringles including the can
hook (if any): I have 3 from my pirate costumes which I bought for halloweens
APs: this year AP calc bc, ap physics C, ap com sci ab, ap art history, ap us history, ap eng lit, ap spanish lit
name of my High School: Center for children that can’t read good </p>

<p>last year ap world history (score = 0) :frowning: </p>

<p>think I’ll get in?</p>

<p>gandhiji, puntastic credentials yaar. you in deffinaatley</p>

<p>woray thank you sirr! I can finally chillax and sip sum frootis while pimpin in my autorickshaw</p>

<p>mention not, mention not</p>

<p>Your middle class stats seem crazy to me. (But I am from a low cost of living area). My parents make 62k, but I consider myself upper-middle class because we have a car for each driver and each kid has their own room. Basically, we are not living pay-check-to-paycheck. To me, that is what the middle class is.</p>

<p>of course, im sure it seems high. but I’m sure unless you’re living in like austin or dallas (or some really rich suburb of texas) it doesn’t cost much to live in texas as it does in north jersey. I’m sure you’re not missing out on anything I have. We each have our own car, and everyone has their own bedroom for example. But its not as if we have anything really fancy. We don’t have like fancy cars or anything…my parents both have accords, and me and my sister have civics - all of which are leased. My parents don’t go on vacation that often (maybe a big trip once every 2 years to europe for 2 or 3 weeks) - and I havn’t been taken since I was a freshman in highschool - although i go alot of places on my own with my friends. </p>

<p>But remember in that range I’m assuming your cost of living is huge. For example, our property taxes are about 11,000 a year and im pretty sure our mortgage is like 3900 a month. So thats practicaly your entire income. to be upper class here you have to make sooooooo much money, its not even funny. my parents always ***** about how expensive everything is - its kinda cute lol.</p>

<p>Yeah, that’s basically life in New York City and its suburbs in Jersey, Connecticut, etc. Everything’s so expensive. Renting a tiny studio in Manhattan can easily go for $1500/month these days. A 1 bedroom apartment can easily cost $2000/month. If you own a place, a $500,000 apartment would be so small compared to a house with a yard you could buy for that same amount somewhere else. Plus 40% of our income in the City goes to taxes. AND a freaking mixed drink costs at least $10. Going out in the City can run into the hundreds of dollars for one night alone (if you include dinner, cabs, buying your friends drinks, clubbing, watching a movie or attending a Broadway or off-Broadway show, etc.) </p>

<p>Ugh…it’s like we’re bleeding Benjamins up here.</p>

<p>lookin - where did you decide to go? are you going to uva?</p>

<p>Jags, from your post I gather that you are from Northern Virginia? To say that household incomes of 150,000 to 250,000 are middle-income in Northern Virginia is simply incorrect. </p>

<p>I looked up random cities in Northern Virginia, and found their median household incomes:</p>

<p>Reston, Va: $87,878
Herndon, Va: $100,042
Fairfax, Va: $86,888
Arlington, Va: $71,592
Alexandria, Va: $68,860
Falls Church, Va: $70,557</p>

<p>Even the wealthiest cities, for the most part, fall short:
McLean, Va: $112,643
Oakton, Va: $130,016
Great Falls (the one city in Northern Virginia whose median falls within the range you described as ‘middle class’; also, as i’m sure you know, the wealthiest city in Northern Virginia.): $165,592</p>

<p>150,000 is well above middle-class in most of Northern Virginia, and 250,000 is well above middle-class in all of Northern Virginia.</p>

<p>Edited to add: got the numbers from <a href=“http://money.cnn.com/best/bplive/snapshots/30360.html[/url]”>http://money.cnn.com/best/bplive/snapshots/30360.html&lt;/a&gt;&lt;/p&gt;

<p>Jags86 is from New Jersey.</p>

<p>I’m not entirely sure what’s going on, but those are some pretty high household incomes, which would be expected of NoVa cities. I generally didn’t think there were so many high paying jobs up there (then again, I think the cost of living may be noticeably higher as well)</p>

<p>BTW, median incomes do not come close to telling the real story. If you take a normal town, you have to consider there are 2 things. Young people who are just starting out on their own, and old people who have retired and don’t have a job income. Both of these groups of people don’t make a lot of money. By taking those away, and looking at people who have college aged children, who are probably in their late 40s through 50s and in the prime of their careers, I’m sure you’ll find the income for THAT bracket to be what I described to be “middle class.”</p>

<p>Even in a public school in a nice town, if you teach for around 20 or so years, you’re making atleast 70,000 or 75,000. If you teach from when you get out of college till you’re 50, thats about 27 28 years. I’m sure you’re making even more then that. If both of your parents are teachers thats 150,000 or more right there. Its really not that hard to make what i described for a household.</p>

<p>I guess it really depends on your definition of middle-class as there is no set definition. To me, middle-class describes the people in the middle income bracket of a given area. By my definition, those with incomes between 150,000 and 250,000 are, generally, upper-class (upper-income). Even in Northern Virginia.</p>

<p>By the way: you described a family with two incomes, and both parents pulling in 70-75k a year but this isn’t all that common, especially in the suburbs. There are a number of families with a stay-at-home parent that rely solely on one income, not to mention the number of families who are just starting their professional careers and the retired, as you mentioned. Assuming, as you said, the middle-incomes of those few families with two parents working, both at the peaks of their income potential is 150-250k (which, I agree, it probably is), it is too small a group to be considered typical. </p>

<p>But, as I said, it really just depends on your definition of middle-class.</p>

<p>middle class: people with houshold incomes of less than 500,000 dollars (gross income) a year. (in NOVA)</p>

<p>this number goes up to 800,000 (gross income) in NYC</p>

<p>that’s my definition. </p>

<p>upperclass: >500,000 dollars/year (in NOVA) , kinda of luxurious…</p>

<p>to live a upperclass life, you have to be in like the top 0.5% of the population.</p>

<p>scientists have found out that in NYC, u need an income of about 500,000 dollars(AFTER tax) in order to live a upperclass life. it includes: one Lexus, one BMW, one normal house and one vacation house, one kid in private high school and one kid in private college…</p>

<p>and that’s not even luxurious yet.</p>