Reply to Can two fed govt job family afford to send two kids to elite private school?

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[quote=Anonymous]we have a HHI of $240K, two kids (on in PS and one in the last year of day care). mortgage +real estate taxes are $3900. we could not afford $60K a year in private school (this is why we bought in a very good school district - 3bd smaller home, the least expensive on the block but perfect for us). also, a word of caution - your kids are young and you do not know what can happen - my old one was a normal bright child until age 4 , where she was diagnosed with a serious condition (had to take unpaid leave of absence on a week notice and then go part time for 3 years), she is fine now, but has ADHD and an IEP a school (her DCPS has been doing an excellent work with her, adn she is doing great). even if you HHI is higher, it sounds like it would bge difficult for you to afford that expense and still pay for retirement, college saving and so on (the risk is that your kids go toa posh private school and then graduate from college with $$$$$$$ of student loans). can you rent your home and move to a better school disctrict?[/quote]

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