<p>NEM,</p>
<p>Agreed, and it isn't just about income. The $75K-$100K may be what the parents are making now but that may not have been true a few years earlier when they were "supposed" to be putting some of that money away for college tuition. </p>
<p>I'd also note that $75K-$100K is only $60K-$80K in after tax dollars. Pretty hard to squeeze out $45,000 to pay for a private college from that.</p>