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Reply to "Private school is a terrible ROI for middle class people"
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[quote=Anonymous][quote=Anonymous]By OP's theory, no one should ever buy anything but the most basic essentials because of the lack of ROI. Imagine all the money you would rack up for your children by not buying a bigger house, not buying new cars, never eating at restaurants, never taking vacation, etc. Or how much money could be saved never buying your children gifts, toys, new clothes, experiences, extracurriculars!! For the most part, middle class families don't see private education through the eyes of being around "the right crowd." They could care less about anyone's club membership or what board they serve on. Middle class families are more likely to have friends who work in the area private and public schools that tell them honestly about the differences. They tend to value the ways their children are spending the precious fleeting hours of their childhood and would prefer they make music, create art, and play outside with everyday P.E. than take endless standardized tests on Chromebooks and watch videos of books being read aloud rather than actual books. To the poster who thinks that being in a classroom with a desk thrower builds character, I admire your commitment -- but I prefer the alternative.[/quote] I know what you are trying to say but you gave bad examples. A larger house may in fact have a good ROI vs staying in a small house. Buying a new car may also have a good ROI if the alternative is taking Ubers every day or driving an old car that has significant maintenance needs. Also, I am confused by the profile you are crafting for this middle class family. A middle class family that has friends that work in private or public schools is very likely to also receive significant if not 100% FA at the private schools. In this instance the ROI is quite easy…it’s free and therefore an easy decision. [/quote]
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