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Reply to "Finacial aid at 350K HHI with high mortgages and nanny"
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[quote=Anonymous]Sorry but what is wrong or broken about the very rich only being able to afford these schools? I think its a reality. What is wrong with the really rich being able to afford a nicer house or car? money buys nicer things, including school at the k - 12 level. Your child can be admitted to any one of these schools regardless of your incomes, you can opt to take out loans to pay for it just like when baby with apply to college and if you can't do it out of pocket you can take out loans then. People don't think this because taking a (13x50k on average for inflation) 650k loan for k - 12 does not make any sense... even if that 650k would buy the baby a relatively nicer educational atmosphere (maybe). Its just reality.... can't get everything you think youre entitles to or would make the life of junior better. If you value that education as the # priority above all else you can drive the 12 yo car, live in Gaithersburg and eat PBJ all the time so baby can go to a big 3. Choices people. I am sad I am not rich too. Boo hoo.[/quote]
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