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# Poverty threshold question

Author Message
Senior Manager
Joined: 15 Jan 2010
Posts: 258
Location: United States
Concentration: Finance, Strategy
Schools: Chicago (Booth) - Class of 2014
GMAT 1: 760 Q51 V44
GPA: 3.54
WE: Consulting (Consulting)
Followers: 1

Kudos [?]: 82 [0], given: 1

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16 Oct 2011, 20:39
Hi Alex,

Quick question for you. Wharton's application wants to know: "Do you come from a family with an annual income below established low-income thresholds?" and they provide guidelines in the application. My issue is that when I left home we were above the poverty threshold, but there were definitely points in my childhood where we were underneath, and we did spend some time straddling the poverty line. How would you answer this question in my case? Is there a rule of thumb on this?
_________________

My blog: http://www.theapplicationist.blogspot.com/

Joined: 26 Dec 2008
Posts: 2453
Location: Los Angeles, CA
Followers: 83

Kudos [?]: 564 [0], given: 0

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17 Oct 2011, 09:49
They are looking for your *current* family situation, not what happened in the past. If your family ain't poor now, then the answer to that question is "no".

I can already picture some folks trying to use this for brownie points, sounding like a World Vision commercial - like "I come from poor country. My village had disease. We lived in mud huts. My father walked 10 miles barefoot. My mother had leprosy that ate away her hands so now they just nubs. Please. Help me. I want to work investment banking and private equity to help my village."
_________________

Alex Chu
alex@mbaapply.com
http://www.mbaapply.com

Senior Manager
Joined: 15 Jan 2010
Posts: 258
Location: United States
Concentration: Finance, Strategy
Schools: Chicago (Booth) - Class of 2014
GMAT 1: 760 Q51 V44
GPA: 3.54
WE: Consulting (Consulting)
Followers: 1

Kudos [?]: 82 [0], given: 1

### Show Tags

18 Oct 2011, 06:13
I laughed out loud at this. My dad walked 15 miles barefoot - does that mean I can say "yes"?
_________________

My blog: http://www.theapplicationist.blogspot.com/

Re: Poverty threshold question   [#permalink] 18 Oct 2011, 06:13
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