Can we afford private?

Anonymous
How old are your children? My DS used to be very reserved and shy but school has made him much more confident and outgoing.
Anonymous
Well, we can afford it on a $160k income for one child, so assume you can, too. The question is do you want to? We do, because we live in (as a PP quoted the study authors) a "blue collar town" in PG county zoned for a really mediocre school. It might help to re-frame your thinking not as "can we afford it" but "what aspects of a school are most important to us? Which school offers those best?" Then you figure out how to get those things.
Anonymous
OP, don't do it. We're three years in with two kids in private. We have a HHI of $350K, no student loan payments and a $3700/month mortgage. We're seriously considering pulling our kids out because it's just becoming too stressful financially. One child was totally affordable, but the approx. $60K/year is just not working with our budget. Our kids are having such an amazing experience and it makes me sick to even think about moving them... I wish we had never started this path because now we'll know what we're missing if we leave.
Anonymous
Anonymous wrote:OP, don't do it. We're three years in with two kids in private. We have a HHI of $350K, no student loan payments and a $3700/month mortgage. We're seriously considering pulling our kids out because it's just becoming too stressful financially. One child was totally affordable, but the approx. $60K/year is just not working with our budget. Our kids are having such an amazing experience and it makes me sick to even think about moving them... I wish we had never started this path because now we'll know what we're missing if we leave.


We are in the same place financially as you, PP, but are trying to stick it out for middle school with two DCs because we feel middle school years are critical and our DCs need the extra support they did not get in the public school, and could benefit from the smaller learning environment. It is a sacrifice but I don't want to look back with regret and I feel the DCs would fall through the cracks at our public school, which is good but not enough for DCs. I think you have to do what is best for your family. My DCs have some special needs and we feel we need to keep them where they are for now.
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