Reply to Thoughts on families with expensive houses and cars who send kids to public school?

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[quote=Anonymous][quote=Anonymous]The financial implications of private school tuition are much more significant than buying an expensive home or cars because houses and cars are assets that can be leveraged or sold, and in the case of houses, usually help maintain or increase wealth.  Private school tuition, on the other hand, is money you will never see again, and that you are paying repeatedly over a certain number of years, perhaps many. Committing to private school tuition for a number of years is one of the most surefire way to inhibit the growth of wealth, particularly among UMC people who rely no salaries to maintain their lifestyles.

There are obviously good reasons to choose private school, and many sacrifice to do so. But for most people, spending less on housing and cars doesn't suddenly make private school a good financial idea. [/quote]

This is why we won’t go private. The truly excellent ones are a huge expense for any family that doesn’t have generational wealth. I think that’s why a lot of umc families in this family try to elevate catholic school to something it isn’t.

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