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Reply to "Starting at what HHI or net worth would you feel comfortable paying $32k private school tuition?"
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[quote=Anonymous]Hi. I am not sure if we can afford private school tuition of $32k for our only child's dream school (6th grade). Our household income is $300k, but our mortgage payments will be quite high once we purchase a home in the expensive area where the school is located. Current investments: $1m. A part of these investments will be liquidated for the down payment. Starting at what HHI/NW would you feel comfortable spending $32k per year on private school? Considering that she is still in middle school, we'd be looking at quite a few years. Thanks.[/quote]
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