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Private & Independent Schools
Reply to "Tuition assistance"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why not move to a better public?[/quote] I never understand why this is everyone's go-to. Sometimes moving is not the easiest solution for a variety of reasons. Also, the housing costs to live in a top school district can be higher than the cost of tuition. Are you aware of current housing costs and interest rates? Leaving a 2% interest rate to move to a better school district for a 6% interest rate on a house that is likely hundreds of thousands more than the 2% interest mortgage will not help someone get ahead. Not to mention people who just do not want to move out of the neighborhood where they've made a home. [/quote] In this situation, OP is barely getting by financially and is unlikely to get any significant financial aid. Feel free to suggest a reasonable alternative.[/quote] With a HHI of $200k and two children, they are likely to receive aid at independent schools. If they are barely getting by as is, who's to say they have the necessary funds to up and move?[/quote] I'd still be surprised if they received adequate financial aid funds from an independent school, but you never know. You can wish on a star.[/quote]
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