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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]All of this is very relative. My parents paid for 3 kids to go through private at $8 to $12K per year each on a 60K salary back in the 80s. Some years the tuition must have been around $30K, or at least $25 (we did work study), and you just know the IRS probably only let him see ~40K of that. We took cheap vacations, our mom sewed our clothes, we shopped at a distant army commissary once a month and froze our milk, and never went to birthday parties because we couldn't buy gifts. But my parents made it work. If you can't afford private school that costs 1/10 of your salary when my parents did it on a ratio closer to 1/2, it's because you just don't want or need it enough, not because you can't really afford it. [/quote]
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