<p>"Your parents still come out ahead. 150 k -50k=100k.</p>
<p>They still have 60 k more than those who make 40 k/yr.</p>
<p>Once in a while I sense 'entitlement' mentality from the domestic kids, but this coming for an international student is truly amazing."</p>
<hr>
<p>Actually its 130k adjusted for USD.</p>
<p>Then my parents pay 60k in tax.</p>
<p>This leaves us with 70k.</p>
<p>We support our grandparents which is 10k.</p>
<p>This leaves us with 60k. </p>
<p>My brother has to go to Uni and his expenses and stuff total to 10k.</p>
<p>This leaves us with 50k.</p>
<p>50k-50k = 0k</p>
<p>Do you still think that i can still pay 50k?</p>
<p><em>sarcasm</em> Yeah i think so, so long as my parents just live of 0 dollars and fall over and die.</p>
<p>Sure we have investments. But in a recent survey you need at least 80k USD as an individual to survive here in sydney. My dads been moving around a ton and if we sell our investments i don't know how my parents will survive in retirement. </p>
<p>While it may appear that we are well off, its not quite that. If i was a single child and we didn't have to support my grandparents and we lived in the states, then we'd be well off. But its just not the case.</p>
<hr>
<p>Realistically, i'm only going to look at the ivy leagues and equivalents. Quite frankly outside the ivy leagues and equivs, Australian universities are just as good if not better.</p>