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Reply to "If you made $1MM annually, would you send your kids to private?"
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[quote=Anonymous]The thing with making $1M a year is that it is often non stable. In theory I will make about $1M this year, but I don't actually get about half of that money until I get my bonus and my stock vests a few years from now. So what I am living on is less than half that. And I could be laid off at any time. So I keep my kids in public schools, which tutoring and enrichment and a lot of parental involvement. I am also worried about where society is headed with all this inequality and AI and part of me thinks the best thing I can do is just bank a ton of money for my kids that they can have starting in their mid-30s. I take the $90K that I would otherwise spend on private school plus my bonuses and save it for them. If one of them had special needs or wasn't doing well in public I would switch to private but that is not the case.[/quote]
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