Reply to Frank Discussion and Honest Answers on tuition affordability

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[quote=Anonymous][quote=Anonymous]Thanks PPs, good points.  yes, we are in that $150-275 range. 
 
We rent, so we cant pull equity. And why do we rent? to be honest, we moved do to a "high-rent" area so that DS could go to a top MoCo public...and we cannot afford to buy here as even a shacks go under contract with all cash buyers. We have one typical and one with LDs.   Not fair to my "typical" DD to move her again - not when she's about to start high school.

Anyhow, in doing the math - even if we stopped contributing to our 401K - we could still not afford privates.

[/quote]

That's a big range and at the lower end you might qualify for aid, at the upper end probably not.  If you are at 275 and renting and would only be sending one kid to private it should be do-able.  I can't tell you how since only you know your expenses.  I know we did it when we earned at that level (had 2 kids in private but tuitons were lower then).

You need to look at private schools that would suit your child's needs (presumably special needs schools) and see what kind of aid they might offer.  If you can prove that they county is failing your child you may qualify for funding, although that is really tough in MoCo these days.

Schools like Lab are slightly higher tuition than regular privates but not extraordinary.  Worth looking at Lab although thir fundraising historically has been focused on bringing down overall costs rather than finanical aid since in the old days many kids were funded.  That's not the case anymore so they may have a more robust financial aid program.[/quote]

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