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Private & Independent Schools
Reply to "How do people afford it? "
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[quote=Anonymous]You have too much equity in your home to qualify for FA. You would need to downsize to a less expensive home and you would be expected to use that money to pay for tuition. Your choices are grandparents, less expensive parish schools, or schools outside of the DC area, in addition to your local public school To address the question in your subject, there are many people who makes lots and lots of money in this city. I didn't even realize how much wealth was here until we started down the private school road. We have a similar HHI to you, similar equity in our home, but a much smaller mortgage. We live in a small unrenovated colonial in Bethesda and send our kids to a local private. We are full pay and our planning on switching to public for high school since we reckon that will cost $100,000 per year by the time our first grader is of age.[/quote]
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