Reply to Do you make $400,000 a year but feel broke?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Ummm….most of the elite private schools were started to separate the wealthy/elite from the masses in the public schools. It's got nothing to do with the financial aid system. [/quote]
If your view is that independent schools exist for the purpose of educating the wealthy/elite and that's how it should stay, that's fine, but then don't disingenuously make arguments about why families can afford it in situations where it's clearly not rational.[/quote]

Your argument seems to be that a family making $400k/year should have the same lifestyle as a family earning $800k/year, at least as far as school goes. They should feel the pain of paying for private equally. [/quote]
How is my example asking them to feel the pain equally?

In the example I'm giving, I'm stating that instead of asking a family to pay 100% of their saveable income (using $120k of saveable income to pay $120k in tuition), perhaps they should be asked to pay 80 or 90% (100 of $120k saveable income).  The family on $800k can pay that same $120k and still save another $250k, so they are only being asked to use 30-40% of their saveable income.

Even in my bleeding heart scenario, I'm still asking this hypothetical family to pay double their available resources.

If you think this is weird, why do we have separate tax brackets for the two families?[/quote]

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