Tuition in private schools

[Anonymous]

Anonymous wrote:

Anonymous wrote:I’m going to give you the honest answer: we make a lot of money. We don’t have any grandparent help. Our HHI is north of $3M (and even then I contemplate whether the $120k a year is worth it for two elementary age kids) but the tuition money is something we can afford and doesn’t otherwise change our day to day at all.

If I made under $1M there’s just no way I’d do it without significant family help. Even at $1M-$2M it would be a toss up.

Good advice, poor people, get out and give up.

The poster didn’t ask for advice. She asked how do people sleep. PP answered.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m going to give you the honest answer: we make a lot of money. We don’t have any grandparent help. Our HHI is north of $3M (and even then I contemplate whether the $120k a year is worth it for two elementary age kids) but the tuition money is something we can afford and doesn’t otherwise change our day to day at all.

If I made under $1M there’s just no way I’d do it without significant family help. Even at $1M-$2M it would be a toss up.

Good advice, poor people, get out and give up.

The poster didn’t ask for advice. She asked how do people sleep. PP answered.

>3M, they sleep well.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I’m just wondering how parents with two or more kids manage to sleep well at night knowing how expensive it is to send them to private school for 12 years, especially when that cost means having less money for college. I’m genuinely curious if others worry about this too, or if most people just don’t feel the weight of it.

Have less children. Seriously, this is a factor.

People who choose to limit the number of children they have in this are in order to send their only to private schools are … not my people.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m just wondering how parents with two or more kids manage to sleep well at night knowing how expensive it is to send them to private school for 12 years, especially when that cost means having less money for college. I’m genuinely curious if others worry about this too, or if most people just don’t feel the weight of it.

Have less children. Seriously, this is a factor.

People who choose to limit the number of children they have in this are in order to send their only to private schools are … not my people.

+1. You’ve failed in life if you have 1 kid just to send them to private.

[Anonymous]

We can afford it, and we believe in education.

We have four kids, and when I think about it, it makes me cringe a little to think about the money. But if we didn’t spend it on private school, we would just invest it and leave it for the kids when we die, and we think there is a lot of value in the kids independent school.

[Anonymous]

Anonymous wrote:I’m going to give you the honest answer: we make a lot of money. We don’t have any grandparent help. Our HHI is north of $3M (and even then I contemplate whether the $120k a year is worth it for two elementary age kids) but the tuition money is something we can afford and doesn’t otherwise change our day to day at all.

If I made under $1M there’s just no way I’d do it without significant family help. Even at $1M-$2M it would be a toss up.

This is hilarious. People under $1 million shouldn’t consider full pay for private?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I’m going to give you the honest answer: we make a lot of money. We don’t have any grandparent help. Our HHI is north of $3M (and even then I contemplate whether the $120k a year is worth it for two elementary age kids) but the tuition money is something we can afford and doesn’t otherwise change our day to day at all.

If I made under $1M there’s just no way I’d do it without significant family help. Even at $1M-$2M it would be a toss up.

This is hilarious. People under $1 million shouldn’t consider full pay for private?

Yes. It’s fiscally reckless to sign up for 13 years of $120k/year for two kids. High school maybe. But starting in K? Absolute insanity for that income bracket.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m going to give you the honest answer: we make a lot of money. We don’t have any grandparent help. Our HHI is north of $3M (and even then I contemplate whether the $120k a year is worth it for two elementary age kids) but the tuition money is something we can afford and doesn’t otherwise change our day to day at all.

If I made under $1M there’s just no way I’d do it without significant family help. Even at $1M-$2M it would be a toss up.

This is hilarious. People under $1 million shouldn’t consider full pay for private?

Yes. It’s fiscally reckless to sign up for 13 years of $120k/year for two kids. High school maybe. But starting in K? Absolute insanity for that income bracket.

There’s loads of people sending their kids to my $55k+ private HS who have incomes of under a million and who pay full tuition and for whom it’s not the least bit reckless. Family money.

[Anonymous]

It now cost more than $1 mil to put two kids through private in DC.

[Anonymous]

Anonymous wrote:It now cost more than $1 mil to put two kids through private in DC.

I would say more than that. 120k for 12 years plus tuition inflation should be closer to 2 million dollars. And that’s before college.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It now cost more than $1 mil to put two kids through private in DC.

I would say more than that. 120k for 12 years plus tuition inflation should be closer to 2 million dollars. And that’s before college.

Yeah and?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m going to give you the honest answer: we make a lot of money. We don’t have any grandparent help. Our HHI is north of $3M (and even then I contemplate whether the $120k a year is worth it for two elementary age kids) but the tuition money is something we can afford and doesn’t otherwise change our day to day at all.

If I made under $1M there’s just no way I’d do it without significant family help. Even at $1M-$2M it would be a toss up.

This is hilarious. People under $1 million shouldn’t consider full pay for private?

Yes. It’s fiscally reckless to sign up for 13 years of $120k/year for two kids. High school maybe. But starting in K? Absolute insanity for that income bracket.

There’s loads of people sending their kids to my $55k+ private HS who have incomes of under a million and who pay full tuition and for whom it’s not the least bit reckless. Family money.

The PP said “without significant family help”

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It now cost more than $1 mil to put two kids through private in DC.

I would say more than that. 120k for 12 years plus tuition inflation should be closer to 2 million dollars. And that’s before college.

Yeah and?

Yeah, totally reasonable. Every family’s got a couple million saved up for k-12 these days.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It now cost more than $1 mil to put two kids through private in DC.

I would say more than that. 120k for 12 years plus tuition inflation should be closer to 2 million dollars. And that’s before college.

Yeah and?

Yeah, totally reasonable. Every family’s got a couple million saved up for k-12 these days.

We have public school to serve families with financial troubles.

However, why is it so unreasonable for parents to actually pay to raise their own children?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m just wondering how parents with two or more kids manage to sleep well at night knowing how expensive it is to send them to private school for 12 years, especially when that cost means having less money for college. I’m genuinely curious if others worry about this too, or if most people just don’t feel the weight of it.

Have less children. Seriously, this is a factor.

People who choose to limit the number of children they have in this are in order to send their only to private schools are … not my people.

Sure, I’m probably not your people, just as you probably aren’t mine. For me it was about the quality of life and upbringing I wanted to give my kids. It also includes the amount of individual attention and emotional support I can give them individually. So the limit was always 2. I was one of 3 and I feel emotionally neglected even though my needs were met. I didn’t want that for my kids. In addition to more attention limiting to 2 means better vacations and private school.

Very few families handle 3 kids well. I can be done, but most adults I know who can from more than 2 siblings have a little trauma from their childhood. I didn’t want that for my kids.

So yeah, we are definitely different. I thought through all this and you think you’re perfect and can handle a bazillion kids because of course they will be perfect.