I recently realized something that completely reframed how I think about income in America: a $200,000 household income is no longer middle class. Instead, under increasing college financial aid formulas, earning up to $200,000 now qualifies as low income or even poor. Being labeled “poor” doesn’t sound great. But if $200,000 is the new poor, there are suddenly real advantages […]
The post $200,000 Is Now Considered Low Income Or Poor For Families appeared first on Financial Samurai.
