Reply to Starting at what HHI or net worth would you feel comfortable paying $32k private school tuition?

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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][quote=Anonymous][quote=Anonymous]OP here. To the PPs who do shell out that kind of money, do you think that it is worth it?[/quote]

Yes, of course—otherwise we wouldn’t be paying it. Ideally public schools are good and work for your kid, but once you’ve determined they don’t, private school is a lot cheaper than one spouse quitting to homeschool.[/quote]

+1. I would only do it if my kid needed it. Otherwise I think there are many benefits to attending public K-12 aside from cost. I wouldn't hesitate to pay for a top private college though.

FWIW at $600K+ HHI, $4M+ liquid assets in 30s we think it would be affordable but not comfortable -- e.g. we would have to cut back on other financial goals like timeline for paying off mortgage, reaching our retirement number early, fully funding private college tuition for multiple kids, international family travel, etc. that we really value.

But it might feel more comfortable if we valued private school more highly relative to some of these other goals. [/quote]

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