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The median household income is only 59k gross hmm

Thoughts?
Cobalt cuckoldry
  10/21/17
Enough to thrive on in Nebraska.
Motley Fortuitous Meteor
  10/21/17
Prob buys a darn good life in Winona, MO.
vigorous home
  10/21/17
Thoughts? They probably get subsidized health insurance, re...
Gaped Curious Center
  10/21/17
180
Floppy coffee pot
  10/21/17
USA provides a safety net for ~bottom 40%. 40th percentile t...
Scarlet Azn Resort
  10/21/17
A family that has 0 savings (eg college) because they spent ...
Gaped Curious Center
  10/21/17
Lol at wagecucks
Floppy coffee pot
  10/21/17
that's untrue. fafsa considers income and assets. they'd be ...
Scarlet Azn Resort
  10/21/17
Sorry, my unstated premise was a normal 120,000 family, woul...
Gaped Curious Center
  10/21/17
If you make more than that and don't have kids, you should b...
Cerise codepig principal's office
  10/21/17
Nope it's gross
Floppy coffee pot
  10/21/17


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Date: October 21st, 2017 8:34 PM
Author: Cobalt cuckoldry

Thoughts?

(http://www.autoadmit.com/thread.php?thread_id=3770943&forum_id=2#34497618)



Reply Favorite

Date: October 21st, 2017 8:35 PM
Author: Motley Fortuitous Meteor

Enough to thrive on in Nebraska.

(http://www.autoadmit.com/thread.php?thread_id=3770943&forum_id=2#34497626)



Reply Favorite

Date: October 21st, 2017 8:40 PM
Author: vigorous home

Prob buys a darn good life in Winona, MO.

(http://www.autoadmit.com/thread.php?thread_id=3770943&forum_id=2#34497661)



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Date: October 21st, 2017 10:23 PM
Author: Gaped Curious Center

Thoughts? They probably get subsidized health insurance, reduced price school lunches, free Head Start daycare for kids, free health insurance for kids on medicaid, free home internet (means tested), free Obama phone, and with enough dependent deductions and child tax credits, pay little to no taxes, thereby having more take-home pay than someone making 30% more.

What xo’ers haven’t figured out yet is that families who actually save money for their kids college are penalized on the FAFSA (and thus had less disposable funds), whereas this hypothetical family will have spent it all going to six flags and having a lousy boat and will means-test into federal grants for higher education.

(http://www.autoadmit.com/thread.php?thread_id=3770943&forum_id=2#34498427)



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Date: October 21st, 2017 10:24 PM
Author: Floppy coffee pot

180

(http://www.autoadmit.com/thread.php?thread_id=3770943&forum_id=2#34498436)



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Date: October 21st, 2017 10:25 PM
Author: Scarlet Azn Resort

USA provides a safety net for ~bottom 40%. 40th percentile to ~80th percentile's excess just goes to creating that saftey net for themselves.

(http://www.autoadmit.com/thread.php?thread_id=3770943&forum_id=2#34498456)



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Date: October 21st, 2017 10:30 PM
Author: Gaped Curious Center

A family that has 0 savings (eg college) because they spent every dollar on hookers and blow can likely get means tested free federal aid but a family that scrimps and saves gets no free money? Great safety net.

(http://www.autoadmit.com/thread.php?thread_id=3770943&forum_id=2#34498496)



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Date: October 21st, 2017 10:34 PM
Author: Floppy coffee pot

Lol at wagecucks

(http://www.autoadmit.com/thread.php?thread_id=3770943&forum_id=2#34498521)



Reply Favorite

Date: October 21st, 2017 10:34 PM
Author: Scarlet Azn Resort

that's untrue. fafsa considers income and assets. they'd be penalized for being high income regardless of how much they squandered.

(http://www.autoadmit.com/thread.php?thread_id=3770943&forum_id=2#34498524)



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Date: October 21st, 2017 10:50 PM
Author: Gaped Curious Center

Sorry, my unstated premise was a normal 120,000 family, would not have other means tested subsidies. I was comparing the two without so stating.

(http://www.autoadmit.com/thread.php?thread_id=3770943&forum_id=2#34498667)



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Date: October 21st, 2017 10:25 PM
Author: Cerise codepig principal's office

If you make more than that and don't have kids, you should be fine... Also it's probably 59K post-tax

(http://www.autoadmit.com/thread.php?thread_id=3770943&forum_id=2#34498451)



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Date: October 21st, 2017 10:26 PM
Author: Floppy coffee pot

Nope it's gross

(http://www.autoadmit.com/thread.php?thread_id=3770943&forum_id=2#34498463)