Sounds fair. I'm doing all that + private school and plan on leaving both kids a low 8 figure inheritance( since we are keeping score) |
People troll the private school school forum all of the time who either never considered private school or think it’s morally wrong or can’t afford it or had some random bad experience tangentially related to a private school. It’s bizarre. I never wander into the kids with special needs forum and answer every question with “my child does not have special needs!” If you have no connection to private school this forum is not for you, move along. |
I agree with this analysis. I think this poster also wanted to make the supposed case that she could have afforded it, but, but,but.... |
Yes and I could afford a Ferrari but I’ve chosen to drive a cheap car. I rarely hit up the Ferrari owner sites to tell them I could be one of them but prefer my Subaru. But I suppose people are a bit more defensive when they’ve chosen not to pay more for their kids’ education. |
| I would definitely do it with one kid. We have two with a similar financial profile and are planning to move our second over in a couple years. For us, it's just night and day better. Our public school system is overcrowded and content with mediocrity. So many kids aren't even meeting basic standards, so they don't have the resources to support my kids who are exceeding those standards. I also like the private school's curriculum better. Not just focused on math and reading, but also science, music and art several times a week. |
Good one! |
You have lucky kids! |
And private school parents do the same on the public school forums: “SO glad our children are in private!” “This is why our children are in private!” When the thread has zero to do with private school. It goes both ways. It’s a public forum, not a gated community. I suppose you could offer the mod $50k/yr to see if he could make it exclusive. |
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We did public K-8 and put them in private HS. I have a Senior and Sophomore. Our elementary school was awesome and better than most privates. Middle school was underwhelming.
BUT, neighbors/friends have told me that the public school system really went downhill and it's not the same as when my kids were in those schools anymore. Covid really did a number on them and they never bounced back. We have a salary similar to yours. That's not a small HHI. We pay $30k each for them--$60k/year. But, again, we started in 9th so it's doable. |
| It’s all about priorities. Yes, you can afford it. But at your income it will be far more noticeable than if you were two biglaw partners. You’ll probably have to work an extra year or two for the same amount of retirement savings. To me, that is totally worth it, especially with an only child. But others might disagree. |
This is really anecdotal and I wouldn’t out much stock into it except the caution about the cohort. You can’t always guess at the culture of a grade or parent cohort within a school but it can make or break your experience. If grades have <50 kids, ask a lot of questions about the gender ratio and how many kids are new/lifers. I find at our private school it’s increasingly unusual to find only children. My DD is the sole only child in her grade of 40 kids and in the grades above and below her. I spoke with a 10th grade parent recently and her DD’s class was 1/3rd only children. I think weird social dynamics are not from parents of only children but more from parents of any number of kids seeking out a smaller environment or more attention or more nurturing. A lot of the kids in my DD’s class who need more attention would not quite qualify for services in a public school but do have social challenges related to things like anxiety, a trauma at home, being neurodiverse, etc. |
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We sent our kids to both private and public. The teachers in private school weren't any better - in fact the public school teachers were better in our good school district for the most part. In the public school with more classes per grade, there were more smart kids around who were doing well in activities like mathcounts, science fairs, robotics and TJ admissions. The public school provided more levels of math - the private school couldn't/wouldn't provide differentiation.
I think there's a lot of magical thinking about what a private school will do for your child. You might be better off spending your money on after school enrichment classes. |
They definitely rise every year. Our daughter's will likely hit $60K before she's done in a couple of years. As for total cost, unless you are including contributions, not there yet. Can't count stuff you'd have paid for in public school too. |
It’s a free country. I can participate in any forum I want to. |
No, you’re not. You’re full of shit. |