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Private & Independent Schools
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[quote=Anonymous][quote=Anonymous]If you invested 60,000 a year for the 13 years of your child’s education you could hand it to them at the end of high school and they could live on it indefinitely and do whatever they wanted with their lives.[/quote] For most kids, it would be awful parenting to do so. you don't hand an 18 year old a million dollars -- they'll stagnate and spend it all instead of going on to be productive members of society. We send our kids to expensive privates, and the money they'll receive from our estate will be more than the tuition we spent on them, but it'll also go into a trust that will cover only educatino and living expenses when they are colelge-aged, and they'll get the rest when they are older.[/quote]
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