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Reply to "Private school is a terrible ROI for middle class people"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If private school tuition is 30k a year and you instead invest this money at 7% returns from age 5 through 18, you'll have over 600k by college age. If this 600k was invested another 12 years until 30 it would become almost $1.5M. I know some people are rich enough to do both but if you can only choose one, what would it be? I think at the very least private school tuition should be cut and you give this money to your kid in young adulthood to help them with buying a house or something. I see so many people who aren't even rich sending kids to private and I just wonder why they do this when it would be way more impactful to their children's future to just invest the money to gift to them as adults.[/quote] ROI should never be considered when talking about education or frankly much else. [/quote] That’s a privileged attitude to have [/quote]
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