Reply to Should we go the private school route?

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[quote=Anonymous][quote=Anonymous]We live in northern Virginia and have one child, a son in fourth grade. He finishes his work early and is often bored, scores advanced on the standardized tests, and is in the gifted program. Our elementary school is fine, but quite overcrowded and the teachers spend a lot of time on the students who are struggling, so students like our son don't get much attention. Our big concern comes in sixth grade, when we are zoned for a not-great middle school. The high school is better, but not great.

We had never really thought about private school until the past few months. Our HHI is 425k. Our mortgage plus interest/taxes is about $4,100/month, and our only other fixed monthly expense is $800/month in student loans. By most American standards I know our HHI is high, but for the DC area -- and particularly the DC-area private school families -- it is not that high. $50k/month would not put us in debt, but we'd definitely need to reprioritize a whole lot of things like house renovations, vacations, etc. I'm also concerned that he would be the ostracized "poor kid" in a private school, and we wouldn't be able to give very large donations, etc. Interested if others in our income range have faced this decision and what they did. [/quote]

You would not be a poor family at a private school. Sure, you aren't going to be the the over the top rich family either - but at our local public, there are plenty of over the top rich kids too.[/quote]

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