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[quote=Anonymous][quote=Anonymous]We send our kids to private, and sure don't like paying the 60K bill every year, but there's no way we'd be doing this if it meant we would have to forego our mortgage and savings (especially 401K's, IRA's, and college funds).  Maryland and Virginia have very good public schools (we live in DC) and we'd move there if we had to cut it that close.  Not saving for retirement is just foolhardy.[/quote]

We live in VA and still do private. It is more than worth it to us.  We researched our public options extensively and felt there was no comparison. We love the school and our kids are thriving.  We have three kids.  DH and I both come from lower middle class families that valued education over all else.  Our parents scrimped and saved to send us to the best schools. We both went to ivies, have careers that we love, and have been fortunate enough to have this option.  I want the same for my kids. 
Our HHI is 490k.  So while we can clearly afford three private school tuitions, it of course money that could be going to other places, like retirement or savings.  But we still contribute to those things - we just live a more frugal life than people in our income bracket otherwise would. We have chosen the school as our big ticket item, and are very happy with this choice. [/quote]

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