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Private & Independent Schools
Reply to "How.do you afford private school? Any suggestions? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I hate being snarky, but honestly if you have to ask you probably can't afford it unless you qualify for aid. It sounds like you don't though. [/quote] I'll be snarky by saying this - that the majority of ADULTS I know with kids in private get help from their parents. It's nothing to be proud of.[/quote] I am proud to receive tuition assistance from my parents. They are so wealthy that paying my kids tuition is estate planning for them. Both of us work and are successful, but like many on this forum could not afford tuition, retirement savings, nice house, and vacations unless parents chipped in for tuition. Of course, we could apply for aid and you'd have an issue with that too. So basically if you get aid at 250 hhi you're a loser or if you get help from parents you're loser. These schools are smart. Giving aid to families with hhi with 300 or so under ensures they will continue to send their kids year after year whereas the kid who needs 60-90% year after year is not sustainable. [/quote] Sort of agree. In some cases you can see it as market-based pricing instead of aid. A student with certain desireable characteristics is worth more to the school, and thus pays less. That's different from mission-based charity. I can see how it would be confusing for people who perceive themselves as "paying for" other people's financial aid. It's probably a good idea for schools that do both charity and market-based pricing to separate the two and have fundraisers etc be exclusively for the charity students. [/quote]
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