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Private & Independent Schools
Reply to "Would you apply to a school that you know you can't afford?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Donut family = makes too much to qualify for aid but too little to comfortably afford $50k/year tuition. [/quote] What is "comfortably" afford? It should not be comfortable for all to afford $57,000 per year. That is the issue. People want a luxury item but do not want to give anything up. Many can afford it and not give anything up but many should not and should have to sacrifice to attend. You realize $57,000 is. more than the average family makes in the US? Where do you think financial aid comes from? Just curious? It comes from donations from parents like us that are paying full tuition plus giving an extra $5-$10,000 more per year but in order to do that we are cutting back on some things. Maybe not a larger home or something else. [/quote] Not sure why you’re ranting at me about the definition, we are full pay, and we scrape to do it. I’m just answering the question about a donut family. There are people who don’t qualify for aid and cannot rearrange their finances to afford private school. That’s what a donut family is. You don’t have to approve of their choices, it’s not about you. [/quote] Post is directed at OP and at anyone that is concerned with comfortably affording private school tuition. The term comfortable comes up often. Comments directed at anyone that thinks it should be comfortable for all. Take it or leave it. [/quote] OP here. Do you live in a two bedroom apartment? I do. Do you drive a 2014 Honda Civic? I do. Perhaps "comfort" was the wrong word. I am worried about not being able to afford the health/long term care I need when I can no longer work. I am worried about not being able to afford college. Those are the impacts of paying too much tuition that I am concerned with. We already live a pretty slimmed down lifestyle. Guests sleep in the living room and we never eat out......so I'm not sure where the money could actually come from. [/quote]. I asked one school if they expected to us to stop saving for retirement (or anything else) before applying for aid and the answer was yes so we went public school. [/quote]
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