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Reply to "Bigger mortgage vs. private school."
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[quote=Anonymous]I'm personally planning on taking on a larger mortgage rather than paying for private school, because I'd prefer my daughter to go to public school. (at a better school than where we're currently located.) Plus with a house, there's the possibility of appreciation, plus the tax deductability of mortgage interest. So I might get that money back. With private school tuition, that money is just gone. That said, it sounds like you are happy with your private school, so there's obviously more to this decision than just money. I would agree with the other posters, though - if you have more kids, private school could end up being a much bigger expense than a bigger mortgage.[/quote]
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