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Private & Independent Schools
Reply to "Where do private schools really get you in life?"
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[quote=Anonymous]I grew up in this area and went to public schools and a top public university in VA. I work in the federal government and colleagues have similar backgrounds or have even acted semi-embarrassed if they grew up locally and attended a top private HS. It's nothing to be embarrassed about, but I've seen several people act that way once we put it together we are all local. For my own family, I personally cannot imagine sacrificing to pay for a high priced private school on our 300k hi, or 350 or 400 or 450 even. I just could not feel financially secure that way. I have a 400k mortgage on 1.2m home, no other debt, and one kid and I just couldn't personally. Jimmy Carter was a famous historical figure who tried to send his child to DCPS in the 1970's and that was a poor decision. His child needed to go to a private school to be surrounded by similarly wealthy kids. I also know from a local activity I do one family that was fabulously wealthy - would not be obvious at first from something they said, but they are. In that case it made perfect sense to send their kids to what is now a 50k per year school so they wouldnt be so isolated in their (great area!) local public HS, and they can afford it, unlike a family making 300k. There are definitely advantages some kids get if their parents have more money, but they would have those advantages regardless. A college classmate attended top private schools in this area; not a top student, but his parents paid for him to do a biology MA at Harvard to bolster his application to med school. Now he is a doctor. I know many other stories like this from college classmates. I did not have that option. For my own kid however, it's clear - our public school pyramid is great and we are able to put money into maximizing savings and investments for the future. We aren't outliers or lowest or highest in our good area. [/quote]
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