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Reply to "Is your private having another tuition increase?"
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[quote=Anonymous][quote=Anonymous]$300k+ HHI here, so no prospect of financial aid. We've loved our independent school, which our kids have been attending for 7 years. The tuition increase this year, on top of the increased cost of moving from a lower division to a higher division, means the price has ticked up enough to make it financially irresponsible for us to keep the kids there, especially with college on the horizon. So we're heading to our local public this fall--and three days after the decision was made, I am feeling relief more than anything else. Maybe a little excitement about spending a tiny bit of the 'saved' money on a summer vacation ;). [/quote] PP, we're in the same income bracket and made the same decision - but a year ago. DC #1 was upset about leaving the beloved private school, but has transitioned easily and is doing well. (Turns out that the math program is actually more challenging.) DC #2 had no qualms about moving to the new school and, while I find that the teacher/student ratio in that class seems unmanageable, he also seems to be thriving. As for the extra money -- god, yes. All of a sudden we've got $60K+ extra and are putting it into college and retirement savings. I say, go for it! [/quote]
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