| "Poor" mom of 2 high schoolers - With a small child support payment from their biological dad - This year, I am borrowing fully from my retirement, and we are pretty much consumed with regular Ramen & Spaghetti dinners in order to pay tuition at private school for my two children. I own my home by myself & the public school option in Prince George's County is THAT disturbing - I know it well, my stepson went there for 2 years (my husband of 3 yrs and his son moved out last month for the purpose of sending his son to a different public school - his mom doesn't pay support and this will be the arrangement until the end of next school year because he'll be a senior). My financial aid award was a total of $10k and $16k is my responsibility. Already thinking of how to pay the year after - may sell house but need to build equity first or it won't cover it. |
| PP, are you depending on your kids to support you in retirement? |
Not gonna tell you how you should live your life but that's just about the dumbest thing i've heard.. |
| **it's a loan against my retirement that I pay back (so I'm not draining it, I'm just getting double taxed on it). I figure 4 yrs of High School = 4 extra yrs to work off the double tax is worth the alternative... |
I completely understand doing everything in your power to keep your kids out of a bad school. Is moving and renting in an area zoned to a better school an option? |
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So, I can't speak from personal experience, but my husband STILL has a chip on his shoulder from being the poor kid in his private high school. The financial Aid package promised to his parents changed significantly and forced them to change schools multiple times k-12. The poor people are essentially pawns of the administration. You and your kid's future there hang on their whims. Its
Sad. |
My son was in public and is now in a top private. We love the private school but would never do it if the sacrifice were that huge. Not worth it. Move, enter the lottery or do what you have to do to find a good public instead. I do think learning disabilities make things different though so talking about a typical student here. |
What private schools in the area offer full rides? |
*it's sad... Before someone flames me for being a poorly educated public school slob. |
| Because, indeed, the early years are the most important ones.... |
| Troll |
We're doing this too. Don't see what's so dumb about it. Kid couldn't go to private if we didn't. |
Plenty of poor public school kids end up entering the middle class. |
it's dumb because you are sacrificing your retirement. how will you fund your retirement? |
Not the PP, but I agree. When you get out of the big cities (no not synonymous with the sticks), private school kids are generally those that had some kind of "issue" in public schools. The top 5% of the economic class are usually concentrated in the same areas, and those kids attend the local public schools. |