Reply to If your parents scrimped and saved to send you to private school, do you appreciate it now?

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[quote=Anonymous][quote=Anonymous]I'm noticing many of my friends who send their kids to public school went to private school themselves.  And vice versa.

We are currently scrimping and saving to send our 2 kids to private middle and high school.  Our income is good (HHI of $320,000), but it still means a small house that needs updating, old cars, clothes from Old Navy, modest vacations, etc.  We spend $8000 per month on tuition.  After saving for retirement and college (both of which are in good shape), we don't have much left over.

We think it's worth it because we really like the school our kids attend.  However, I'm curious if they will think it was worth it.  (Most of their friends in our neighborhood attend public school in our Bethesda neighborhood.  Our kids do a decent job in school, but are not academic super stars who would excel in public school, and therefore are the types of kids who benefit most from private school, in our opinion.)

TIA!  I'm really only seeking advice from people who went to private school themselves as kids, not from people who wish to criticize our decision to spend money on tuition for middle and high school.[/quote]

What a colossal waste! We make a bit more than you and were at Bullis the other day for a game and looked up the price and asked ourselves who the HELL is paying for that? In my wildest dreams i would not have thought someone making LESS than us.  If you are pissing money away 8k/mo invested over 10 years would mean nearly a million dollars over that time excluding interest, so probably more like 1.5M. You could use that money to send your kids around the world for 2 solid years after high school  for teavel. And they would get far more out of it. They could hit every continent ans explore it fully. I bet your vacations now are to ocean city or the poconos.[/quote]

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