Reply to Frank Discussion and Honest Answers on tuition affordability

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[quote=Anonymous][quote=Anonymous]Honestly, if you pay private tuition you reduce your savings and/or retirement--no matter what your income.  If you spend it somewhere, you can't spend it somewhere else.  Each individual family has to set priorities.  Myself, I regret the private tuition for one child who would have done as well if not better in public and I am mixed on the second.  It was probably the best thing socially, but who really knows.  The reality is that we have spent over $300k already on private tuition that could have cone to pay off a mortgage or better fund retirement.  I have no magic 8 ball to say whether or not it was the right choice.  Good luck with your endeavors.[/quote]

+1 we can't change what  we did bu I so regret spending the money for one because after all the teachers and counselors saying DC would never do well in public, DC is thriving. sometimes I think these people don't tell the truth to keep you in the private school. The other loves their school but it is hard to look at all the that money that was spent. Private is no panacea. It has it's drawbacks such as much smaller social situations, mediocre teachers etc.[/quote]

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