Private school or trust fund

[Anonymous]

Anonymous wrote:

Anonymous wrote:How much would the tuition and fees you spend k-12 be worth at graduation if held in a trust fund that held S&P. What would it be worth when they retire?

If the value of private over public worth giving up that retirement account for your kids?

Absolutely not

Especially in Trumps economic fails

Public til it’s completely destroyed by Don the con and his sycophants

Then use the money to survive

They are coming for maximum pain the more you have saved if he doesn’t crash the dollar the better

If you’re such a fan of public schools, why are you on the private school form?

[Anonymous]

Anonymous wrote:I'll let you find your own compounding calculator to plug in your assumptions.

Yes, I think it's worth it, why else would I send my kids there?

+100

[Anonymous]

Anonymous wrote:

Anonymous wrote:This is really a false thought experiment. I don’t know many public school parents sacking away $60k/yr per kid into a trust fund just because they aren’t paying private school tuition. Life doesn’t work like that. Regardless, your kids turn out different from a good private versus a good public. Decide which version of your kids that you want. Worry about large wealth transfers after your kids are raised to the best of your ability.

Huh? Of course we are

Liar. Just do both.

[Anonymous]

One of my kids is a high achiever and profoundly gifted, so trust fund. They literally teach themself by reading, observing and asking a million questions. They learned multiplication and division in kindergarten by begging for math story problems at bedtime. The other is average and needs the advantages of a better peer group and smaller classes, so private.

[Anonymous]

Anonymous wrote:One of my kids is a high achiever and profoundly gifted, so trust fund. They literally teach themself by reading, observing and asking a million questions. They learned multiplication and division in kindergarten by begging for math story problems at bedtime. The other is average and needs the advantages of a better peer group and smaller classes, so private.

Whoa I don't appreciate your nuance in this clearly black and white issue

[Anonymous]

Anonymous wrote:How much would the tuition and fees you spend k-12 be worth at graduation if held in a trust fund that held S&P. What would it be worth when they retire?

If the value of private over public worth giving up that retirement account for your kids?

I think many of the kids at private schools have both the private school education and the trust funds - for this crowd, it's not either or

[Anonymous]

Anonymous wrote:How much would the tuition and fees you spend k-12 be worth at graduation if held in a trust fund that held S&P. What would it be worth when they retire?

If the value of private over public worth giving up that retirement account for your kids?

The formation of the person, the connections, the daily atmosphere of learning and so many others things could never ever be at a public. The value is so much more than just money.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I care about the formation of my kids' characters, minds, and hearts. Cold hard cash will form them, but not in a way I value.

Lol character and hearts are formed at home. You don’t have to send kids to private school for that.

A private that backs up what you do at home, plus extracurriculars that also do so, compounds the impact.

[Anonymous]

I would say that most full pay families are also saving up money for their kid’s colleges and futures beyond that. It may not be a trust fund, but it could be as simple as buying their first few cars and buying their first house, either a down payment or the whole thing. Your idea of a trust fund is okay but if you want to control the spending of your kids, you just cover their expenses as long as they have their life together. Grad school, starting a career, having children, etc. The idea of just signing over a trust fund means you lose control.

[Anonymous]

Anonymous wrote:One of my kids is a high achiever and profoundly gifted, so trust fund. They literally teach themself by reading, observing and asking a million questions. They learned multiplication and division in kindergarten by begging for math story problems at bedtime. The other is average and needs the advantages of a better peer group and smaller classes, so private.

I agree with this. If you have a very bright kid, it does not matter where they go. They will seek resources and thrive in most places. Private is best for average and above average kid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I care about the formation of my kids' characters, minds, and hearts. Cold hard cash will form them, but not in a way I value.

Lol character and hearts are formed at home. You don’t have to send kids to private school for that.

Yes, but not JUST at home. I don't understand why people can't accept that since kids are at school for 6.5 hours per day (more if they do before or after care), the kids are shaped and affected by that environment. Of course a school's values and of course the peer group's values matter to character formation. Why wouldn't they?

[Anonymous]

Anonymous wrote:

Anonymous wrote:One of my kids is a high achiever and profoundly gifted, so trust fund. They literally teach themself by reading, observing and asking a million questions. They learned multiplication and division in kindergarten by begging for math story problems at bedtime. The other is average and needs the advantages of a better peer group and smaller classes, so private.

I agree with this. If you have a very bright kid, it does not matter where they go. They will seek resources and thrive in most places. Private is best for average and above average kid.

We have a bright kid who tests very highly and grasps new info well, but unfortunately is very very VERY influenced by peer group. That meant he was coasting through public and spend most of his school time learning from other students' behaviors. We put him in private and he still copies other students' behaviors, but more of them are in line with what we want for him. Public school had a lot of nice kids and we met so many nice families, but the rudeness, low-class behaviors and language, and actual violence of too many of the kids made us leave. Similarly, we had some nice and caring teachers in public, but too many had a "school is jail" mentality and just leaned on apps and learning videos. We picked a private with a traditional curriculum that is writing heavy and he is thriving.

[Anonymous]

You and your spouse have a HUGE role in your child's character development. I would never leave that up to teachers. That is not their job.

[Anonymous]

Anonymous wrote:You and your spouse have a HUGE role in your child's character development. I would never leave that up to teachers. That is not their job.

Nobody suggested that. However, your kids spend a lot of time in the classroom and are influenced by their peers. I’m not sure you realize how bad behavior has become at some public schools. It is best not to expose your kids to that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How much would the tuition and fees you spend k-12 be worth at graduation if held in a trust fund that held S&P. What would it be worth when they retire?

If the value of private over public worth giving up that retirement account for your kids?

Absolutely not

Especially in Trumps economic fails

Public til it’s completely destroyed by Don the con and his sycophants

Then use the money to survive

They are coming for maximum pain the more you have saved if he doesn’t crash the dollar the better

If you’re such a fan of public schools, why are you on the private school form?

That poster pops up in so many different threads and rants in this style, no matter the topic. It's raining? It's Trump! A leaf fell to the ground? It's Trump!

Best is to scroll right over her screeds.