Reply to Do private schools require (or request) financial aid families with SAHM get a job? If yes, how?

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Reply to "Do private schools require (or request) financial aid families with SAHM get a job? If yes, how?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My only take on this is that the imputed income for the nonworking parent needs to be increased to a [i]minimum[/i] of $55-60,000.  It should reflect approximately one-half of the median HHI for the region.[/quote]

As if jobs are randomly assigned to job seekers! There really aren’t a ton of jobs that you can just walk into at 55K. It’s not a realistic expectation.[/quote]

[b]Many, many people who SAH can do just that and much more.  In fact, most who are looking at private schools left jobs making at least that before staying home.[/b][i]

I’d be fine with a more individualized approach, which would look at the actual earning potential of the SAHP.  So, if the parent had little education, English proficiency or other skills, I would be fine imputing less.

But let’s not pretend that most people applying to private schools don’t have the background that would enable them to make at least that if they rejoined the workforce.[/quote]

Well, if they aren't a teacher or librarian or artist or retail warmer they may make that much. Most parents who decide to SAH don't make that much money.[/quote]

+1 I stay at home with my kids and am an attorney. The other SAHMs I am friends with at at our school are attorneys, PHDs, political strategists, etc. One was a teacher. Assuming most SAHM were not high earners prior to staying home is a mistake. Most people spending $50k a kid on private school are highly educated themselves. [/quote]

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