DCI or Deal

[Anonymous]

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Anonymous wrote:Come on, there really aren't "wealthy" AA families in DC public schools. Some UMC, but fewer proportionate to their numbers than other races (and for good reason).

The same as there aren’t any real wealthy white people in DCPS. But if you mean ~$400-500k income, there are many AA that are in public schools.

Compared to % of whites in category above and overall % AA in the city with income above, its small. And I would bet all of them are in public schools that feed into Wilson.

My point is that most white folks >500k are also private. Wilson and Deal are predominantly $200-300, maybe $350k earners. The true wealthy are in private regardless of race.

And compared to the rest of the city and the DMV, a family of 4 with $200-350K annual HHI is also in the upper-income tier (aka wealthy). https://www.pewresearch.org/fact-tank/2018/09/06/are-you-in-the-american-middle-class/

Our HHI is 360K, we would have to make about $200K more to pay the 100K in tuition that sending our kids to private schools would cost. Maybe families with only children send their kids at a lower income. We bought in a Wilson/Deal feeder pattern. We do have a nice house and a great life, I am not complaining or crying poor, just noting that it takes a very high income (or family money) to afford private schools in DC.

This. Our HHI is about the same and there's no way we could afford to pay for independent schools for our 3 kids in DC unless we moved into a very cheap home, abandoned goals to save for college and retirement, eliminated our vacation budget, etc. At ~$48K per kid per year by the time you add in all the fees (sometimes more for high school), that's $144K per year. We've been lucky with some real estate transactions and we're comfortable and not crying poor either. But upper class means you can afford private schools along with the nice home in a nice neighborhood, vacations, etc. and we're clearly upper middle class in DC.

It wasn't always like this: my parents -- a SAHM and a journalist dad -- could afford to have their three kids in Big 3's (grades 7-12) and then PLACs , simultaneously. My wife and I both work and make ~$300k -- less than you, but not chump change -- and it would be impossible to have our two kids in privates at the same time. So we do HRCS -> Deal.

In other words, elite privates have gotten more elite as their prices have outpaced inflation.

PP here. This is sad. Privates will lose some of their economic diversity, and become places for only the very wealthy and the very poor who qualify for financial aid. Do you remember the tuition cost that your parents paid and for what year? I'm curious what tuition would be today if it kept pace with inflation.

[Anonymous]

Sorry, can I just ask what the "big 3" privates are? I am not familiar with that phrase.

[Anonymous]

Anonymous wrote:Sorry, can I just ask what the "big 3" privates are? I am not familiar with that phrase.

Roughly St Albans, Sidwell, NCS and Georgetown Day - like ‘jklm ....’ lots of debate about which are the big 3 but this gives you an idea.

[Anonymous]

Anonymous wrote:Sorry, can I just ask what the "big 3" privates are? I am not familiar with that phrase.

Basically the most expensive schools in the wealthiest areas, which attract the DC mucketymucks and big wigs, and where your child might become friends with their progeny and hook a cool internship, a gold-plated reference letter to Harvard or Yale, and later a coveted ambassador post.

[Anonymous]

Your kid is more likely to score the winning reference or internship coming out of one of the top HS test-in magnet programs in the burbs.

[Anonymous]

Anonymous wrote:Your kid is more likely to score the winning reference or internship coming out of one of the top HS test-in magnet programs in the burbs.

Maybe, but then those kids have to test in.

[Anonymous]

Anonymous wrote:Your kid is more likely to score the winning reference or internship coming out of one of the top HS test-in magnet programs in the burbs.

huh? Not at all. Your kid is likely to go to engineering or medical school from those schools. From the top privates it's far more likely he'll the internship and or first job that sets him on the road to big $ in finance or business.