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Private & Independent Schools
Reply to "How do people afford it? "
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[quote=Anonymous]We make around $325K and have two in two different "Big3" private high schools with a tuition bill of $110K. Grandparents pay one tuition, we pay one tuition. We do not receive aid. Yes, we could theoretically pay for this completely out of our income but that would be >50% of our take home income and it wouldn't be worth it to us (AT ALL!) unless we had a kid who needed private placement for special needs (in which case I could see doing whatever it took). Private school is not worth living a bare bones existence!! Privates are fine but there are flaws and frustrations just like there are in public. They're just different flaws and frustrations. We have experience with 2 different publics and 2 different "Big 3" privates (we use private just for high school). Even with grandparent help, we often wonder if this is worth it. It's also perennially odd to be two professionals with a combined very good income ($325K) and to be among the "poorest" people we know at school. It's unsettling. We are not materialistic people and the wealth our kids are surrounded by is astounding. [/quote]
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