What percentage of your HHI do you spend on private?

Anonymous
About 10% for 2 kids at a private with tuition that is less than half that of top privates in the area (on one hand we wouldn't qualify for aid, on other it would be painfully tight on budget to spend that much at top privates).
Anonymous
Anonymous wrote:$250k HHI and we pay $40k, no financial aid.


Hey friend!

$215k and pay $32k. No FA.

It’s fine. We still live better than most of the people on the planet, or, indeed, throughout human history.
Anonymous
We will soon me doing 75k out of 330k… no FA
Anonymous
85k for 2 kids on pretax of 2.6 mil.

So about 3 percent of pretax and about 5 percent post tax…
Anonymous
Net income of $55k and I pay appr. $12k/year in tuition.
Anonymous
$40k on $250 as well.
Anonymous
$40k on $260K.
Anonymous
$18k for tuition, ~175k salary (receive FA)
Anonymous
5% one kid
Anonymous
$58k/total yr -2 kids in high school. Full pay.

~$375k-400k/yr

definitely felt it when the 2nd one started HS this year and we went from one tuition to two.

Also, the tuition goes up every year. Something to think about if you are starting at young age. We only are did private HS.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:$285k, we spend $10k


How do you spend $10K on a private school in the DMV? Is it a Catholic diocese school?


No, a popular one. We get aid.


That's a lot of aid for that salary



Absurd. This 285k is the “economic diversity “ these schools keep touting. I’d be livid if I were donating to fund for this


You don’t know their family situation. They could have zero assets, zero pension funds and savings because of high debt, medical bills, etc.
we have slightly higher income (HHI 340) 3 kids in private and zero aid (we applied). We however have low mortgages and own two houses in DC.


So because they chose to be house poor, they get aid? That's ridiculous. It's like college aid--the people that live frugally end up getting screwed. The donut hole families.
Anonymous
80K on a HHI of 850 so roughly 9%
Anonymous
Anonymous wrote:
Anonymous wrote:$250k HHI and we pay $40k, no financial aid.


Hey friend!

$215k and pay $32k. No FA.

It’s fine. We still live better than most of the people on the planet, or, indeed, throughout human history.


Hey Friends! $260k and $36k.

Agreed, it is all about priorities. We don't take trips to Europe or Hawaii during these years, but we're doing fine and hardly wanting for anything.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:$285k, we spend $10k


How do you spend $10K on a private school in the DMV? Is it a Catholic diocese school?


No, a popular one. We get aid.


That's a lot of aid for that salary



Absurd. This 285k is the “economic diversity “ these schools keep touting. I’d be livid if I were donating to fund for this


This is exactly why I do not donate to the annual fund. Much better uses for my charitable donations than to allow a family making $285k to pay less for a fancy private school.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:$285k, we spend $10k


How do you spend $10K on a private school in the DMV? Is it a Catholic diocese school?


No, a popular one. We get aid.


That's a lot of aid for that salary



Absurd. This 285k is the “economic diversity “ these schools keep touting. I’d be livid if I were donating to fund for this


This is exactly why I do not donate to the annual fund. Much better uses for my charitable donations than to allow a family making $285k to pay less for a fancy private school.


That person is definitely an outlier. As you can see from many other commenters, the vast majority of those who make over 200K get zero FA.

Give or don’t give, but don’t make your decision based on dubious facts.
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