Top Colleges Are Too Costly Even for Parents Making $300,000
Families earning $300,000 annually -- placing them among America's highest earners -- are increasingly finding themselves unable to afford elite college tuition without taking on substantial debt. Bloomberg's analysis of financial aid data from 50 selective colleges reveals households earning between $100,000 and $300,000 occupy a precarious middle ground: too affluent for meaningful aid but insufficiently wealthy to absorb annual costs approaching $100,000.
The squeeze begins around $150,000 income, where families typically contribute 20% ($30,000) annually toward tuition. At $270,000 income, expected contributions reach $61,000 per year. Most institutions eliminate financial aid entirely at approximately $400,000 income. Harvard, MIT, and the University of Pennsylvania recently expanded free tuition thresholds to $200,000, acknowledging this middle-class pressure. The changes take effect for 2025-26.
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China steps up its war of words after branding US and Japanese destroyers 'enemy vessels' - as fears mount PLA will carry out D-Day style invasion of Taiwan after months of war games
China has escalated its war of words by branding American and Japanese destroyers as 'enemy vessels.'
How an iPad buried in the banks of the River Thames led to the jailing of a gang who tried to murder one of Britain's most notorious robbers
Buried for five years under an inch of sand on the shores of River Thames, this iPad would lead to the downfall of a gang who carried out a £2.8m heist before becoming hitmen.
Prince Harry was almost set-up with a VERY famous US reality TV star before meeting Meghan Markle, as comedian Katherine Ryan reveals how she tried to play matchmaker
At the time, Harry was single after failed relationships with Cressida Bonas and Chelsy Davy, and desperate to settle down.
Doctor reveals the 5-second trick he never skips on cruise ships - and says it could save lives
Medical professional Dr Steve Burgess says the simple trick, which takes seconds after boarding a liner, could be a life-saver - but rarely gets mentioned in passenger safety briefings.
Revealed: Katherine Jenkins, Myleene Klass and stars from Traitors and Strictly lead VE Day 80 anniversary celebration at the Royal Albert Hall
The Mail can reveal the mezzo soprano will be among the household names taking to the famous London stage during the two-and-a-half-hour extravaganza saluting war heroes.
Ioan Gruffudd and Bianca Wallace are MARRIED! Couple tie the knot in romantic ceremony two years after his bitter divorce from ex Alice Evans
Ioan Gruffudd and Bianca Wallace have revealed that they are now married.
Pope Francis' coffin is sealed as globe prepares to say farewell to late pontiff, as world leaders and royals jet to Rome for his funeral after 250,000 mourners visited his body over three days
Pope Francis' coffin has been sealed, ahead of his funeral tomorrow morning.
Shocking moment Florida woman dies in fireball explosion after helicopter crash-landed on her home
Shocking bodycam footage showed the moment a Florida woman died after a rescue helicopter crashed into her home in a fiery explosion.
Microsoft Launches Windows Recall After Year-Long Delay
Microsoft has finally released Windows Recall to the general public, nearly a year after first announcing the controversial feature. Available exclusively on Copilot+ PCs, Recall continuously captures screenshots of user activity, storing them in a searchable database with extracted text. The feature's original launch was derailed by significant security concerns, as critics noted anyone with access to a Recall database could potentially view nearly everything done on the device.
Microsoft's revamped version addresses these issues with improved security protections, better content filtering for sensitive information, and crucially, making Recall opt-in rather than opt-out. The rollout includes two additional Copilot+ features: an improved Search function with natural language understanding, and "Click to Do," which enables text copying from images and quick summarization of on-screen content.
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Vegan protester who had megaphone smashed by Asda shopper says she forgives 'genuinely nice guy' after his repeated apologies - but vows to keep on demonstrating
Ella Wild (pictured) was part of a small group of anti-meat campaigners who staged a demonstration inside an Asda store in Canterbury, Kent, on Easter Saturday.
Tower block where residents throw their food waste straight out of their flat windows is hit by massive rat invasion
It is claimed that people living in upper floors find it easier to open their windows and lob food scraps out rather than use the bins in Poole, Dorset.
More Ivanti attacks may be on horizon, say experts who are seeing 9x surge in endpoint scans
GreyNoise says it is the kind of activity that typically precedes new vulnerability disclosures
Ivanti VPN users should stay alert as IP scanning for the vendor's Connect Secure and Pulse Secure systems surged by 800 percent last week, according to threat intel biz GreyNoise.…
Everyone is saying the same thing about the Canadian cardinal who could be in line to be the next pope
One candidate who is voting in the conclave on the successor of the late Pope Francis is Cardinal Frank (Francis) Leo, the Archbishop of Toronto.
Luigi Mangione pleads not guilty to all charges as his fans, including a notorious whistleblower show up in court to support him
Luigi Mangione pleaded not guilty to all charges Friday in the federal case brought against him alleging he killed United Healthcare CEO Brian Thompson.
Intel's AI PC Chips Aren't Selling Well
Intel is grappling with an unexpected market shift as customers eschew its new AI-focused processors for cheaper previous-generation chips. The company revealed during its recent earnings call that demand for older Raptor Lake processors has surged while its newer, more expensive Lunar Lake and Meteor Lake AI PC chips struggle to gain traction.
This surprising trend, first reported by Tom's Hardware, has created a production capacity shortage for Intel's 'Intel 7' process node that will "persist for the foreseeable future," despite the fact that current-generation chips utilize TSMC's newer nodes. "Customers are demanding system price points that consumers really want," explained Intel executive Michelle Johnston Holthaus, noting that economic concerns and tariffs have affected inventory decisions.
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My dad shot dead my karate instructor on live TV when I was 11. Any other father would have done the same
No amount of training could've protected disgraced Karate instructor Jeff Doucet from the attack that awaited him when he arrived in Baton Rouge, LA, on March 16, 1984.
Celebrity Big Brother star Ella Rae Wise ‘glad’ she never has to see Mickey Rourke again
Mickey Rourke was told to leave the reality TV show by producers
Penny Lancaster reflects on the struggles of navigating a blended family with husband Rod Stewart's other children: 'I could only imagine how difficult it was for them'
Penny Lancaster has opened up on the trials and tribulations of navigating a blended family with her husband Rod Stewart's other children.
The plush suburban rehab where Jon Hamm recovered from booze and hazing shame
Jon Hamm completed an up to $100,000 rehab program for alcoholism at at Silver Hill Hospital in New Canaan, Connecticut, in February and March 2015.