Quote:
Originally Posted by squiggs96
I'm not sure I get your math, or why you are using 6 months. Also, if you are only making $22,000 per year, you aren't going to be taxed at a 23% rate. You'd be more around the 6-7% effective rate.
The months that you aren't in school, you are able to work full time, and save some of that money. There are scholarships available too. Apply for as many as you can. I worked as a server/bartender through my schooling, and took a second job in the summer. I was only making $5.90/hour in wages, but would add about $20 per hour in tips. I graduated debt free and had a parking pass each semester. In no way did I think it was hilarious that I could afford the pass. I would have absolutely loved to have free parking, but I did what I had to do, in order to pay for it, food, rent, car, tuition, bills, etc. It can be done.
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It's great that it CAN be done, but that doesn't mean it's easily done by everyone. Not everyone can be servers and get scholarships.
It's still hilarious that a $300-500 parking pass is a logical option for those who live on their own and pay for their own school. My calculations were pretty basic (and based on 6 months since two full semesters are split nicely into 6 month periods) but whether you have 800 or 2000 left over after everything but food, a parking pass that uses 25-60% of your disposable income IS hilarious.
Buy one if you want, but saying it's easily affordable by everyone is a joke. Plus, school is CLEARLY more expensive than it was when you went 10-15 years ago. Especially Mount Royal.
At the end of the day, regardless of how affordable it is, if you're asking whether I'll pay 300 to park, or have an extra 300 for absolutely anything else? ...yeah, I'm going to go ahead and park in front of someone's house for free.