Reply to Sound off - Ivy grads & high income earners who chose public schools over privates

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]DH went to an Ivy for grad school.

Our kids started at a private school for preschool. We left after K. A good school, but just not worth the $. We are now at a Title 1 public elementary in APS and are very, very happy.

HHI is well above 400K depending on his bonus. [/quote]

PP here.  I have to say when I hear this, I am surprised.  Not so much that you could be happy at APS, because I do think APS has great options but that you could afford to send your kid either to private or a low FARMS/top test score public school but chose public school anyway and had the faith it would work out.[/quote]

I am an Ivy grad, but our HHI is not stratospheric, around $300k. Presently have one in private K and another a few years out. We know we'll find the tuition for two unmanageable, so we are keen to shift to a top-tier public schools. We happen to be mapped to a Title 1 school, which is not an option we would consider. We will seek lottery options or move before we pull our kid out of private. My anecdotal view is that tuition has dramatically outpaced inflation, so the professional Ivy grads at privates are diminishing (excluding top-tier law, finance etc.). I went to private myself, but it would take a far greater share of HHI today to send a kid to private school than it did for my parents in the early 1990s.

I'd still invest in Ivy or other top-tier college tuition without hesitation, but relative to top-tier public schools (especially for elementary) I think the value proposition for private school is diminishing for many professionals given the opportunity costs....if money was no object, I'd likely not hesitate and keep the kids in private throughout. [/quote]

We're in the same boat.  It's not anecdotal that tuition increases have outpaced inflation.  They have.  By a nearly double.  I looked at the numbers.
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