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Reply to "How can middle class families send their kids to good private school (middle and high)?"
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[quote=Anonymous]We make a little over 200K and have 2 kids at a small private. We get $6500 in aid each year for the past 3 years. Promotions with more money are likely for us so we will probably not need aid after 2 years and will then start making annual contributions as a way to pay back for the years we received assistance. In this area, I'm sorry 200k certainly feels like middle class because housing is just so expensive. Many families at our school in our income bracket certainly sacrifice a lot to send their kids to the school. Used clothes, old cars, 1-2 vacations max. We are fortunate because our parents contributed a large down payment for our house so our mortgage is quite low. But it is doable. Maybe it's just me, but I have been encountering many more young families these days with only 1 child and no plans for more because they want to stay in the area and can't afford more children. Many kids at our school, at least in the lower school are only children. At 200k, it is definitely doable, but not as comfortable. Everyone's situation is different. We only decided to do private because our incomes are expected to increase in the coming years. [/quote]
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