Top Colleges Are Too Costly Even for Parents Making $300,000

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 approach…

Broke on 6 Figures: 25 Costly US Metro Areas for Families

In 1 of every 4 large U.S. metros, a monthly income for a family of three earning $100,000 a year isn’t enough to cover that family’s basic expenses. That’s the sobering truth that emerged from this LendingTree analysis: In much of America, a six-figure salary still leaves you and your family broke, even before you put a cent toward paying down debt. Here’s more on what we found. Key findings In 25 of the 100 largest U.S. metros, monthly spendi…