Reply to Middle and High school for Cap Hill?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It's a mixed bag. I know Hill folks who attend Walls, McKinley, Duke, DeMatha (in MD), Gonzaga, Latin and Basis.[/quote]

NCS - [b]$38,850[/b]
St. Anselm's -[b]$25,000[/b]
Georgetown Visitation - [b]$27,400[/b]
St. John's - [b]$20,750[/b]
Sidwell - [b]$37,750[/b]
St. Alban's - [b]$40,480[/b]

[/quote]

For convenience I've appended the list above with the 2015 tuition numbers.  Please keep in mind that these don't include books or other fees at some of these schools.  The way people here throw around the term "go private" or suggest that it's that easy amuses me.  If you have enough disposable income to send your kid to these schools for 7 years (and to pay the tuition increases that will come annually) then you are in a 30+% federal tax bracket and paying almost 9% to DC. So do the math on this.  To pay for tuition that costs only 25k a year you need to find $40,000 pretax W2 dollars just laying around (and that's for the tuitions that are [i]only[/i] 25k.  Some people can find that kind of money.  But to throw that around like a legitimate and accessible option is absurd. But because high income earners make a lot they can probably find that amount.  But at a lower tax rate and lower income levels where the heck are you going to find that money?  And at what cost?  If you saved half of that ($12,500) a year into a 529 account starting in 6th grade you'd have college more than paid for.  If you are already maxed out in your 529 and college is paid for then no problem.  But if your kid is going to graduate with a hundred grand (or more) in student debt because you spent all your money on private schools then you have to ask yourself if staying in an area without viable schools is the responsible thing to do.

P.S. You still have to [i]apply and get accepted to those schools[/i], yet another barrier to entry.
P.P.S  And that's assuming only one kid. I see lots and lots of families on the Hill with 2 or 3.[/quote]

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