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Is that $50k for $200k pre-tax or post-tax income? If it’s pre-tax then that’s just ridiculous! Middle class families, i.e. most of us, have the hardest time paying for college. If you are rich it doesn’t matter because you can afford it; If you are poor, it doesn’t matter either as you can get a free ride most anywhere. But if you are neither rich nor poor, you pay through the nose!
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@cmsjmt a $200k income isn’t a middle class income.
Yes, it is pretax. Using post-tax income would be misleading since mortgage interest deductions, etc, can make “post tax” income seem a lot lower than the income really is.
The poor cannot “get a free ride most anywhere.” Why would you think that?