3 ms·
> And even a 20% raise wouldn’t allow her to afford a home, or to send her kids to college without a huge debt burden. For many state college systems in the US
by droithomme 7y ago
> And even a 20% raise wouldn’t allow her to afford a home, or to send her kids to college without a huge debt burden.
For many state college systems in the US $40k and below is the magic cut off for family income where any kid accepted not only gets 100% of all tuition and fees paid for, but all room and boarding is paid for as well. So in your mom's case her cost of sending kids to college would be nothing. From $40k to $50k it doesn't cover room and board though, so families in that range will expect to pay $12,000 a year or so for that, minus the $6000 Pell Grant they'll get for being under $50k.