Short thread on why cutting the paid public college threshold at $100K household income is just not smart
It should be *universal* regardless of income
For sake of ease I focus on the 21.5% of US households (27.6M HH) who earn $100K-$200K—as 100K cutoff would hurt them most
/1
It should be *universal* regardless of income
For sake of ease I focus on the 21.5% of US households (27.6M HH) who earn $100K-$200K—as 100K cutoff would hurt them most
/1
Here& #39;s the United Way ALICE report on a stable household income for 2 working adults w/2 kids in VA—$110K/year.
That& #39;s not "get ahead" income. No luxurious house, car, or vacation. These are for basic necessities w/minimal savings.
NOW—let& #39;s add the cost of public college:
/2
That& #39;s not "get ahead" income. No luxurious house, car, or vacation. These are for basic necessities w/minimal savings.
NOW—let& #39;s add the cost of public college:
/2
The average college of public college in state tuition + room & board is ~$22K/year.
The average college of public college out of state tuition + room & board is ~$38K/year.
Now imagine if your 2 kids are going to college at the same time. An extra $44K - $76K/year
/3
The average college of public college out of state tuition + room & board is ~$38K/year.
Now imagine if your 2 kids are going to college at the same time. An extra $44K - $76K/year
/3
Suddenly, even at $200K/year household income, you& #39;re maxed out simply b/c you want to send your kids to college.
And God forbid you want fly your kids home to visit, give them spending money, or have an emergency
Can& #39;t imagine why America& #39;s birthrate continues to fall
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🙄" title="Face with rolling eyes" aria-label="Emoji: Face with rolling eyes">
/4
And God forbid you want fly your kids home to visit, give them spending money, or have an emergency
Can& #39;t imagine why America& #39;s birthrate continues to fall
/4
In conclusion—the problem isn’t kids of millionaires/billionaires going to public schools. Problem is millionaires/billionaires not paying a fair share of taxes.
If they pay their fair share—public college can be covered for *all* kids
Focus on that—not an odd $100K cutoff
5/5
If they pay their fair share—public college can be covered for *all* kids
Focus on that—not an odd $100K cutoff
5/5