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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Sure, you can afford it. I wouldn't pay for it though. I would much rather take nicer and more vacations with family than spend on private school. or earmark for the kids college or help with downpayment, wedding etc. We live in a MCOL city in Austin. Our public schools are great, provided you buy into a good area. We "only" have 700K HHI , send our kids to public. Plenty of Meta, Apple, Dell, IBM, HP, startup VP/SVP level execs send their kids to the same public school. There are also single income families and some apartment complexes zoned to our Public school, so I feel my kids are able to meet and connect with kids from a wide range of socio economic status. [/quote] You are paying for your great public school through exorbitant housing costs and property taxes, it's not free. You can't afford to pay for a great private for multiple kids on that HHI, not without your quality of life diminishing substantially. That's the crux of it for most of the posters who are against it here, they can't really afford it.[/quote] NP. We live in the one of the most expensive areas in the DMV and considered one of the best school districts. Many kids go to ivies from the high school we are zoned for. That said, we send our kids to private. One has already graduated from a top 20 university where we paid full freight. The second one is at a high school with $48,000 a year tuition. Both kids attended Catholic high schools and had experiences that they never would have had in our public school. In addition to the moral and ethical lessons they learn through service work and in theology classes, they are limited on how many AP classes they can take. For example, my son only took 6 AP classes in his entire high school career, but he still got admitted to several top 25 schools. My daughter will probably take about 8 at most and we expect her to do well in college matriculation as well. Setting up kids to do well in college matriculation in our public school would require the kids take 10 or more AP classes. I know someone who took 14. It really is a pressure cooker environment. I feel our money is buying our kids the opportunity to experience joy in learning without the stresses of competing with the super high achievers in our public school. Plus college matriculations out of our kids' private schools are much stronger than the public school, despite the fact they take significantly less AP classes. They also get a lot more attention from faculty and administration and have more opportunities for leadership. Our income isn't significantly more than the person who posted above, [b]although if we included bonuses (which are deferred), it would be significantly more[/b]. We are living quite comfortably despite parting with the yearly tuition expenses, and it is worth every single penny.[/quote] Your income is significantly higher than the person who posted above and you proved my point to an extent. Private schools confer substantial advantages to those who can truly afford them. Families who can technically afford them but have to make significant lifestyle changes (in savings, camps, private lessons, vacations etc.) make an entirely different cost benefit calculation.[/quote]
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