Incorrect headline as far as I can tell: I don't see the actual rules stated anywhere, but it's consistently hedged with "most", and their calculator makes it clear that there's an asset test, so if you're anywhere near $250k, planning is likely still necessary.
Ancalagon · 4h ago
Are these tuition caps better trackers for what wealthy means these days than say conventional rule-of-thumbs (like making six figures used to mean you were wealthy)?
givemeethekeys · 4h ago
No. On a 250k salary, I can afford a very comfortable life in some of the best neighborhoods in America on a single income, with fantastic public schools, libraries, community parks, dining and fresh groceries.
It won't be Manhattan or San Francisco - but I wouldn't consider those cities to be among the best anyway.
Harvard $200k(tuition) $100k (tuition and expenses) (82 points, 5 months ago, 106 comments) https://news.ycombinator.com/item?id=43393478
MIT $200k(tuition) $100k (tuition and expenses) (737 points, 9 months ago, 459 comments) https://news.ycombinator.com/item?id=42195895
Albert Einstein College of Medicine free tuition (491 points, 1 year ago, 411 comments) https://news.ycombinator.com/item?id=39516927
Stanford & Columbia: $150k / $100k
Penn: $200k
CMU: $75k
It won't be Manhattan or San Francisco - but I wouldn't consider those cities to be among the best anyway.