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Money and Finances
Reply to "Do you make $400,000 a year but feel broke?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Ummm….most of the elite private schools were started to separate the wealthy/elite from the masses in the public schools. It's got nothing to do with the financial aid system. [/quote] If your view is that independent schools exist for the purpose of educating the wealthy/elite and that's how it should stay, that's fine, but then don't disingenuously make arguments about why families can afford it in situations where it's clearly not rational.[/quote] I hadn't previously posted in this thread. I was just baffled by (among many other things about OP) the sense that the financial aid policies are somehow making the schools elitist (or at best, bimodal). To mean "private school" = places like Choate and Deerfield and Exeter and St. Paul's, because I grew up in New England. I guess around here it's St Albans and Sidwell. I'm not counting Catholic or other religious schools, just the elite private schools, and those are, and always have been, elite. The wealthiest have always had the best access to those schools. I have never before heard someone argue (let alone so strenuously) that there should be compulsory financial aid programs, financed by the wealthiest, to make these schools more affordable. It's bizarre. [/quote] Not just to make them more affordable - but to make them more affordable to people pulling in $400k per year! I see lots of great arguments for financial aid for folks who grew up without some middle class advantages. I see lots of great arguments for giving financial aid to kids who show some sort of exceptional talent. I do not see even one non-ridiculous argument for giving financial aid to kids whose parents are earning $400k![/quote]
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