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Fairfax County Public Schools (FCPS)
Reply to "Private vs Public, Move to a good Public School area, or move to a cheaper area and Private School"
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[quote=Anonymous][quote=Anonymous]Any thoughts? [/quote] We did this analysis and decided to pay $300,000 more for a house in a superior school pyramid rather than go private. Our thinking was such: -- Private school tuition probably would be roughly $40,000 a year or more for two kids (combined) since we aren't Catholic. From sixth grade until 12. That was $560,000 for those 14 years of tuition payments. That's sunk money. -- The interest on the $300,000 more we paid for our home is tax-deductible, and the recent performance of the housing market notwithstanding, we are pretty confident our home investment won't lose money (due to the circumstances of our actual home price negotiation). We also got more house, which is a plus. [/quote]
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