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VA Public Schools other than FCPS
Reply to "Arlington magazine - Public school exodus cover"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It's a status symbol thing - as wealthier and wealthier families move into ARL, they'll shift more and more to private. I don't know why this isn't obvious to you.[/quote] And yet most families still go public. Even in the priciest neighborhoods. [/quote] Arlington wealthy isn’t the same as DC wealthy. 50+K of after tax dollars is a lot to pay per year (per kid!), even if you live in a 3 million dollar home.[/quote] I think you’re overestimating the wealth of the majority of private school parents and underestimating the number of families with grandparents paying tuition. [/quote] Sure, there’s a lot of generational wealth there. Maybe the grandparents are buying these families’ second and third vacation homes, too. 😉 I am friendly with a family whose grandparents pay for their children’s private school tuition. It’s not because mom and dad can’t afford it. It’s a way of passing down wealth and avoiding taxes on that amount.[/quote] “I want to pass on enormous amounts of wealth to you, avoiding as many taxes as possible. Here’s a couple million dollars in private school tuition for your kids.” 50K x 13 years x 3 kids = $1.95 million (though it will be higher because private school tuition keeps ballooning) Not everyone who has gramps footing the bill is poor.[/quote] Nobody said that. The point was that most families aren’t any more wealthy than the average 3M Arlington homeowner. But yes, there is a group of people that are ultra-wealthy, I think everyone understands that. Anyway, this is a silly tangent and I regret chiming in.[/quote]
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