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Private & Independent Schools
Reply to "When will Private Schools' bubble burst ?"
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[quote=Anonymous][b][quote=Anonymous]Another $150 HHI with a kid in private because it is a priority[/b]. "Don't tell me it's a matter of priority until you've lived in my house and paid my bills"? Why no, I won't be able to live in your house and pay your bills because I can't afford it. And if you wanted to send your kids to private enough you'd sell your big house and buy one next to mine in the working class neighborhood outside the beltway in PG county and live your priorities. The question is not can you afford private, but do you want to? If your publics are good, you probably don't. Simple enough.[/quote] OP here, not challenging you at all. I similarly have one child and make same calculations. But, we are not the bulk of the families filling these schools and, as a parent with a child in Private, you well know this is true. Most families have more than one child. Statistically, I believe the average is 2.85. My point is , by charging 40K per child, are Private's not beginning to shoot themselves in the foot ? They are beginning to lose families in the 250K to 350K range, and that group is bulk of their parent population.[/quote]
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