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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm a PP who posted about paying $40k on a HHI of $250k.  It is a choice we make, for sure, and it is worth it to us.  But we sacrifice a lot to budget for it and it's hard - so much so, in fact, that when I posted my stats on a thread in the money forum, I was called a liar because people thought it was "impossible" to pay that much on our income without family money.  Well, we are full pay and making it work.

But when I hear people suggesting, or even attesting to their own situation, that families with a stay at home parent by choice (not necessity) are then getting substantial financial aid for no other reason that that they just want to have a parent home and/or don't think they could earn enough to be bothered to work...well that makes me much less inclined to donate to the annual fund.

I guess in my mind, I was picturing FA going to families where both parents were working at least one or perhaps even two jobs to make ends meet, and would otherwise never be able to give their child this opportunity.  I actually don't think of a family with the luxury of a stay at home parent to be less fortunate than my family - I think in many ways they are more fortunate not to have two busy parents rushing around working all the time.  So that is what seems unfair to me.[/quote]

Are you saving for retirement and college? On your income, it seems like one or the other and you will be expected to be full pay or nearly so by every college. [/quote]

PP here.  Yes, both of us have been working straight for 20+ years, so we each have nearly $1 million in retirement by now, plus one government pension.  Fully expect to pay for college and we're saving for 4 years of in-state, though may have to cash flow part of that tuition, which we figure will probably be about the same as what we are paying for private.

But see, this very question indicates how some people are skeptical that it can be done, or even suggesting I'm shortchanging my child's college by sacrificing so much now for private.  While on the other hand, by the rationale of OP and others, if I had just quit and stayed home, I should get financial aid for my child to go to private school for free?  That doesn't make any sense.  Where is the logic?[/quote]

You don't seem to understand that you are a high earner.  You are earning more than OP alone is talking about.  You very much could have made it on one income but you choose not to.   You really think OP going back to work earning $30-40K will be equal to your salary or really make a difference in terms of aid.

Its ok if you don't want low earning families at the school.  After all it would be so embarrassing if your kids and the housekeepers kids went to the same school.

I think its kinda sad after all those years of private, your kids will end up at the same state school as the public school kids when you have the money to do more.[/quote]

I make $160k as a fed, spouse in non-profit makes $90, so take out my income and it is very much in the same range as what OP talking about.

I started 20+ years ago as a GS-7 making in the $30's.  Now I'm a 15.  If I had quit 20 years ago and decided not to work, we would be in OP's boat today, except I would not be expecting massive financial aid for a luxury good.

I am not at all sad that my kids may go to state school (or may not, who knows?  I just said that's my savings target).  I went to public and had friends who came from both public and private.  Both are fine.  It's really about the individual kid and their journey, and what is right for them at a particular time.[/quote]

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