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[quote=Anonymous][quote=Anonymous][quote]Big difference between private HS (35k on the high end for the DMV area) & Ivy (60k a year).[/quote]

Well yeah, but you would imagine that there would be at least some savings to tap into.  And is [i]some[/i] student loan debt the end of the world?  I understand that going 200K into debt is really horrible for a young person to be saddled with, but I'm not sure that ~20K or less at a low interest rate is so untenable for a young person (obviously 25K x 4 is 100K, but presuming there might be savings in the picture).[/quote]

And that's why I want to scream every time someone posts on the Private school forum about how private school is so important that they're living beyond their means, sacrificing college and retirement savings, for it. Of course, if your kid has special needs, or the family really wants a religious education, then yes, I can see sacrificing these other things. If the family bought their house in 1995 or 2006, then they're doubly in trouble with huge mortgages.

Lots of well-meaning middle class families can't afford Ivies, because of decisions that seemed to make sense when DC was 4. You shouldn't just assume it's a character flaw, a problem of fancy vacations and fancy cars.[/quote]

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