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Reply to "How much do you spend on private school and what is your HHI?"
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[quote=Anonymous]$440, 1 child, grandparents currently paying. Not sure if that will go on forever and I do think $50K tuition if they stop paying will be a stretch with income. We could certainly make it work but it would really cut into our ability to save. And yes, grandparents pay school directly as a way to funnel more money to us for estate planning. Although I don’t think we get the max in cash from them each year. Is it $15K per person? So technically if you have a family of 3 you could get max of $90 a year (2 parents paying max to 3 people?)[/quote]
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