4 ms·

>This sort of statement is a bit out of touch if you ask me. Just a bit? It's wildly out of touch, $300,000/year is literally the 95th percentile of income for

by astura 3y ago

>This sort of statement is a bit out of touch if you ask me. Just a bit? It's wildly out of touch, $300,000/year is literally the 95th percentile of income for families[1]. Dude called income that's more than 95 PERCENT of the population "a very reasonable amount for two typical people." Fucking hell! [1] https://dqydj.com/household-income-percentile-calculator/ https://dqydj.com/household-income-percentile-calculator/

Dylan16807 3y ago
So, sure, it's on the high end of things. But what's your definition of "reasonable"? Income is not a bell curve, but one standard deviation on a bell curve goes up to the 84th percentile, and two standard deviations go up to almost the 98th. It's not a reasonable income to expect, but it's a reasonable income to have.
- 999900000999 3y ago
  The issue here is if you make more you're problem in a HCOL area. An adult making 150k with a partner who makes a similar amount is not rich in a city like NYC. I broke down the math above, but in no universe does the typical upper middle class family have an extra 86k per year to spend on school
  - astura 3y ago
    Come on, dude. Get real. Just tell your kids you aren't going to pay for Vanderbilt and they'd have to go somewhere cheaper if you are footing the bill. Plenty of options. My parents told me if I wanted to go to college I was completely on my own.
    - 999900000999 3y ago
      If I ran the world I'd completely get rid of the expectation your parents should pay for college. Right now tons of people who's parents just refuse to provide financial information don't get any aid at all. This is very common if you have a bad home life. I fell into this category. I grew up on welfare and I'm at the level were if it worked out with either of my last 3 partners we'd be at 300k or more. Life is funny...
  - Dylan16807 3y ago
    I think this adult was expected to save up a lot of the college money before the child turned 18.

by astura 3y ago

Dylan16807 3y ago

So, sure, it's on the high end of things. But what's your definition of "reasonable"? Income is not a bell curve, but one standard deviation on a bell curve goes up to the 84th percentile, and two standard deviations go up to almost the 98th. It's not a reasonable income to expect, but it's a reasonable income to have.

999900000999 3y ago
The issue here is if you make more you're problem in a HCOL area. An adult making 150k with a partner who makes a similar amount is not rich in a city like NYC. I broke down the math above, but in no universe does the typical upper middle class family have an extra 86k per year to spend on school
- astura 3y ago
  Come on, dude. Get real. Just tell your kids you aren't going to pay for Vanderbilt and they'd have to go somewhere cheaper if you are footing the bill. Plenty of options. My parents told me if I wanted to go to college I was completely on my own.
  - 999900000999 3y ago
    If I ran the world I'd completely get rid of the expectation your parents should pay for college. Right now tons of people who's parents just refuse to provide financial information don't get any aid at all. This is very common if you have a bad home life. I fell into this category. I grew up on welfare and I'm at the level were if it worked out with either of my last 3 partners we'd be at 300k or more. Life is funny...
- Dylan16807 3y ago
  I think this adult was expected to save up a lot of the college money before the child turned 18.