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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I understand that private school is for families with 800k+ HHI. I know that in ten years children will be mostly attending the same schools and in twenty years most of them will be working at the same places making similar salaries. But both child and I LOVE the school. We are a fed family so making 300s. Market has bumped up our retirement to 1m and brokerage to another 1m. Some 529 that can also be tapped. Home is almost paid off and 2 investment properties. Can we afford 60k tuition and fees for 4 years for one child? Obviously no FA. [/quote] OP, I really believe you should think twice about private school. Everyone that sends their kids to one openly talks about more opportunity, better education, fewer distractions, and more comfortable alignment with upper class families. The reality is, however, that most of those same people are actually using private school as an opportunity to isolate their children from people of color and low income students. It is truly saddening to me that we still live in a society that practices such obvious discrimination in a deceptively concealed manner. Is this the person you want to be, OP? Please rise above it and take the higher ground. [/quote] Totally wrong. People are isolating themselves from the kids of poor families who have a different value system - they want their kid to be surrounded by families that value education. My kids go to different privates - one is more diverse than our public in terms of colors of the rainbow and cultures - there is no economic diversity there. Another of my kids attends an Episcopal school where it feels like everyone is a rich white kid and my kid is in the minority for not wanting to bleach her hair blonde, or at least highlight it. To be honest they both get a great education. After 16 years in the private system, I have older kids too, I’m a bit over the showiness and competitiveness and snobbery. One of my kids just applied for a selective public school. When we went to visit our white hispanic skin (yes, hispanics come in black, white, and brown) was the only white to be seen! The school says there is 15% white kids, but none of them came out for the visit day, so I’m not so sure. Even looking around there most of those “brown” kids were asian, so again not so diverse. I do think there was more economic diversity though. There was ZERO academic diversity - it was a gifted school! I am coming to the conclusion that a well-rounded student body does not exist in this country![/quote]
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